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GAB: BOD approved the contents related to the merger

Jun 5th at 15:25
05-06-2020 15:25:52+07:00

GAB: BOD approved the contents related to the merger

The Board resolution dated June 03, 2020, the BOD of FLC Mining Investment & Asset Management Joint Stock Company approved the stock conversion ratio to implement the merger plan of FLC FAROS Construction Joint Stock Company (stock code: ROS) into FLC Mining Investment & Asset Management Joint Stock Company (stock code: GAB) according to the plan approved by the General Meeting of Shareholders. Details are as follows:

-          Expected conversion ratio: 1:15 (15 ROS’s shares are converted 01 share of GAB.

-          Issuance object: shareholders of ROS.

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