Cavico Vietnam to hike chartered capital

Cavico Vietnam Mining and Construction Joint Stock Co (coded MCV) has lately announced that March 16 would be the ex-dividend session and March 18 of registration deadline to close the shareholders list for issuing additional shares so as to raise chartered capital.



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



The shareowners can transfer the buying warrants from April 4 to 29. They can register for purchasing new shares from April 5 to May 5.

Tags: Vietnam stock news

Posted by trevorrogansmith on Mar 10 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