The issuance is to mobilize VND 112.9billion into its capital aiming to invest in new products, open more two branches, set up the ERP management system to serve production & consuming products as well as to build up pharmaceutical industrial zone.
Of 11.3million shares, TVP will sell 11.1 million shares at a cost of VND 10,000 per share to its current shareholders; the 200,000 shares will be sold to its laborers at the same price.