FTM issues 11million shares

In October, Duc Quan Investment & Development JSC (coded FTD Vietnam) will issue 11million shares to raise VND 110billion.

 

It will issue 10million of the shares to existing shareholders at a price of VND 10,000 while 1million shares will be sold for its laborers at the same price.

The money raised through this issuance will be used to invest in the trade apartment complex locating at 55 Tran Nhat Duat, Tan Dinh Commune in District 1, HCMC.

After issuing, FTM will have chartered capital of up to VND 610billion.

DT-Translated by T.Tran

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