FCN: Plan for increasing stake in Vinh Hao 6

The Board resolution dated March 12, 2019, the Board of Directors of Fecon Corporation approved to plan the capital increase to Vinh Hao 6 Energy Joint Stock Company (Vinh Hao 6) as follows:

-       Number of additional shares: 7,650,000 shares, equivalent to VND76,500,000,000

-       Total capital after transaction: VND121,500,000,000, equivalent to 12,150,000 shares, accounting for 30% charter capital of Vinh Hao 6.

-       Time of implementation: Q1.2019 or Q2.2019.

 

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