DMC, NHS announce share issuance

Domesco Medical Import Export Joint Stock Corporation (DMC) and Ninh Hoa Sugar Joint Stock Company (NHS) announced share issuance as follows:

DMC will issue 8.9 million shares to its current shareholders at a ratio of 2:1 in the first quarter of 2014. Currently, the Chilean company CFR International SPA is the only foreign investor of DMC with an ownership ratio of 45.94 percent.

NHS announced that it finished issuance of 30.4 million shares, collecting VND303.5 billion. Of which, 29.7 million shares were offered to its existing shareholders and the rest were sold to a member of the Board of Directors at VND10,000 per share.

After the share issuance, Thanh Thanh Cong Investment JSC, Gia Lai Electricity JSC, Societe De Bourbon Tay Ninh, and Thuan Thien Investment and Trading Company remain NHS’s major investors.

Source: Dau Tu Tai Chinh – Translated by Thuy Doan

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