TCB: Board resolution on plan for capital increase

TCB: Board resolution on plan for capital increase

On August 14, 2019, the Board of Directors of Vietnam Technological and Commercial Joint Stock Bank approved to implement the plan for capital increase in 2019 as follows:

-       Issuer: Vietnam Technological and Commercial Joint Stock Bank

-       Stock type: common stock

-       Par value: VND10,000/share

-       Charter capital:

• Current capital: VND34,965,921,600,000
• Additional capital: VND35,478,020,000
• Expected new capital: VND35,001,399,620,000

-       Total issued volume: 3,496,592,160 shares

-       Total outstanding volume: 3,496,592,160 shares

-       Expected issue volume: 3,547,802 shares (0.1% of the total outstanding volume)

Of which:

• 325,000 shares for foreign employees
• 3,222,802 shares for Vietnamese employees  

-       Issue ratio: 0.1% of the total outstanding volume

-       Selling price: VND10,000/share

-       Agent: Techcom Securities Joint Stock Company

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