NHH: Allowing VMC to buy shares of PBAT An Phat
NHH: Allowing VMC to buy shares of PBAT An Phat
The Board resolution dated July 07, 2022, the BOD of Hanoi Plastics Joint Stock Company approved to allow Vietnam Pattern Manufacture and Precision Mechanical Company Limited (VMC is a subsidiary of NHH)) to buy shares of PBAT An Phat with details as follows:
- Stock name: PBAT An Phat Production Joint Stock Company
- Par value: VND10,000/share
- Owning volume PBAT shares by VMC before the purchase: 0 share
- Purchase volume: 1,040,000 shares
- Purchase form: to receive the transfer from existing shareholders
- Expected owning volume PBAT shares by VMC after the purchase: 1,040,000 shares shares, accounting for 3.51%% charter capital of PBAT
- Current owning volume PBAT shares by NHH: 5,800,000 shares, accounting for 19.59%% charter capital of PBAT.
- Expected owning volume of NHH and VMC after the purchase: 6,840,000 shares, accounting for 21.11%% charter capital of PBAT.
Aftre the purchase completes, PBAT An Phat Production Joint Stock Company will become an associated company of NHH.
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