HTN: Board resolution on a share issue to existing shareholders

The Board of Directors of Hung Thinh Incons Joint Stock Company approved a share issue to existing shareholders as follows:  

−        Issuer: Hung Thinh Incons Joint Stock Company

−        Stock code: HTN

−        Stock type: common stock

−        Par value: VND10,000/share

−        Total issued volume: 33,062,221 shares

−        Outstanding value at par value: VND330,622,210,000

−        Outstanding volume: 33,062,221 shares

−        Treasury shares: 0 shares

−        Estimated issue volume: 16,531,110 shares

−        Total issue value: VND165,311,100,000

−        Issue ratio: 50% on the outstanding volume 

−        Issue price:

+ Low price: VND17,000/share

+  High price: VND17,000/share

−        Exercise ratio: 2:1 (those who own 02 shares will have rights to buy 01 new share)

−        Issue date: in Quarter IV/2020 – Quarter I/2021.

HOSE

HTN 44,100 -900 -2%

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