Brewer Habeco to adjust chartered capital

Tuesday, May 27, 2008
The deputy prime minister Nguyen Sinh Hung recently singed the Decision No 575/QD-TTg adjusting the chartered capital mechanism for Hanoi Beer, Alcohol and Beverage Corp (Habeco).

According to the government's adjustment, the state will hold 189,592,400 shares or 81.79% of chartered capital, 1,290,200 preferential shares or 0.56% will belong to the company's employees, 36.55 million preferential shares or 15.77% for strategic investors and 4,367,400 shares or 1.88% of chartered capital will be sold to the public.

The government also required the Ministry of Industry and Trade to organise the first shareholders' meeting to set up Hanoi Beer, Alcohol and Beverage Corp and give supplementary for its trade name according to the law.