VRC gets approval for offering additional shares to public
The chair of State Securities Commission (SSC) has lately granted the certificate for offering shares to Vung Tau Real Estate and Construction Joint Stock Co (coded VRC)
Under the certificate, the company will offer 9,883,090 shares with par value of 10,000 dong per share to public, of which 3,035,073 shares will be used for dividend payment purposes; 4,046,764 shares to be offered for existing shareholders; 500,000 shares for current employees and 2,301,253 shares for strategic partners.
The total share value in this issuance was estimated at 98.8 billion dong.
Tags: Vietnam business news