DPR: Approved the merger plan between DPR and DPD
DPR: Approved the merger plan between DPR and DPD
The Board resolution dated December 21, 2021, the BOD of Dong Phu Rubber Joint Stock Company approved the following contents:
1) Approving the plan to ensure the foreign ownership ratio upon the issuance to implement the swap as follows:
- The maximum foreign ownership ratio at Dong Phu Rubber Joint Stock Company (DPR) is 0% according to Document No.7768/UBCK-PTTT dated November 24, 2021 by the State Securities Commission of Vietnam (SSC).
- The maximum foreign ownership ratio at Dong Phu – Dak Nong Rubber Joint Stock Company (DPD) is 50% according to Document No.8099/UBCK-PTTT dated December 03, 2021 by the State Securities Commission of Vietnam (SSC).
2) Approving the merger contract between Dong Phu Rubber Joint Stock Company (DPR) and Dong Phu – Dak Nong Rubber Joint Stock Company (DPD).
3) Approving the dossier of registration for stock issuance to swap under the merger contract.
HOSE
