BSI to issue 14.65mln shares this year

The BIDV Securities JS Co. (BSI)’s shareholders have approved plan to issue 14.65 million shares this year to raise VND 902.2billion of its chartered capital.

BSI to issue 14.65mln shares this year

Among these, 4.65 million shares will be used for paying 2017 dividends and 10million shares will be sold through the auction held by Hanoi Stock Exchange, at a starting cost of VND 10,000 per share.

The money raised through the issuance is aimed to use for business activities.

As per current regulation, the stock company will issue shares as it reports with no debt and its chartered capital reaches up to VND 1trillion. 

DO DOAN -Translated by T.Tran

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