Thu Duc export import firm postpones second phase shares issue

Thursday, June 19, 2008
Thu Duc export import firm postpones second phase shares issue

Thu Duc Export Import Trade Joint Stock Co (coded TMC) recently said that it would postpone issuing shares for the second phase to the existing shareholders. These are shares being issued according to the plan of increasing chartered capital from 40 billion dong to 50 billion dong with the price of 18,000 dong per share.

In addition, TMC is also waiting for the company's director board's approval to issue shares to double its chartered capital from 40 billion dong to 80 billion dong when the stock market recovers and could assure the company's shareholder's benefit.