Saturday 3 May 2008

HCM City book distributor licensed to extend the share sale deadline

Saturday, May 3, 2008
State Securities Commission (SSC) on April 29 issued the Decision No 313/QD-UBCK approving the deadline extension of HCM City Book Distribution Corp (Fahasa)'s share sale to the public from January 24 to May 24, 2008.
Before the extended deadline, the company must complete the share allocation under Vietnamese regulations on securities and stock market.
Fahasa has the current chartered capital of 22 billion dong.