PetroVietnam Nghe An construction joint stock Corporation approved of offering 50 million shares to increase charter capital to 600 billion VND
Monday, 08 August 2011 07:57

On August 4th 2011, PetroVietnam Nghe An construction joint stock Corporation (share code PVA) has been issued certificate No 79/UBCK – GCN on the offer of shares to the public by State Securities Committee.

PetroVietnam Nghe An construction joint stock Corporation is allowed to offer 50 million shares to the public, of which:

+ 44,5 million shares offered to existing shareholders with a face value, the rate of right is    1:44,5 (shareholder holding a share has right to purchase 4.45 new shares).

+ 0,5 million shares offered to staff with a face value.

+ 5 million shares offered to strategic shareholder with a minimum price is 11.000 VND / share.

Under the plan of increasing capital, the total proceeds are expected to 505 billion VND, among them 300.2 billion VND for joint venture investment, 107.7 billion VND for real estate investment, the remains for equipment procurement and mobile capital addition.

PetroVietnam Nghe An construction joint stock Corporation will close the list of shareholders to carry out the right in August.


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