Cavico Vietnam issues additional shares to hike chartered capital

Cavico Vietnam Mining and Construction Joint Stock Co (coded MCV) has lately announced that March 18 would be the registration deadline to close the shareholders list for issuing additional shares to raise chartered capital and holding annual shareholders meeting.



The ex-dividend session would be March 16, 2011.



Accordingly, the company will offer 6,030,503 shares under ratio of 2:1 for existing shareholders. That means each shareholder who owns one share will get one buying warrant, every two buying warrants for one new share. The offered price would be 12,000 dong per share.



The buying warrants can be transferred from April 5 to 29. The shareholders can register and make deposit for purchasing new shares from April 5 to May 5.

Tags: Vietnam business news

Posted by Lollidiliganis on Mar 11 2011. Filed under Enterprises. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry