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GEG: Board resolution on purchasing GHC shares

Dec 11th at 16:36
11-12-2020 16:36:14+07:00

GEG: Board resolution on purchasing GHC shares

According to the Board resolution dated December 01, 2020, the Board of Directors of Gia Lai Electricity Joint Stock Company (hereinafter GEC) decided to subscribe and pay for GHC’s shares in GHC’s second offering in order to increase the ownership ratio in GHC Company, as follows:

-          Number of shares owned by GEC before trading: 17,879,046 shares (58.14% charter capital)

-          Number of shares offered: 1,374,742 shares

-          Number of shares owned by GEC after trading: 19,253,788 shares (60.59% charter capital)

-          Offering price: VND25,000/share

-          Total payment amount: VND34,368,550,000

-          Stock type: stock restricted in 01 year from the ending of offering

-          Subscription and payment time: from November 30, 2020 to the end of December 01, 2020.

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