Becamex IDC (BCM) announced the results of shareholder consultations regarding the sale of shares to increase capital. Out of 5,976 ballots sent out, only 136 responded, with 128 ballots (2.85% of shares) approving the capital increase, while 95.44% remained silent. This indicates that the state shareholder, the People’s Committee of Binh Duong province, did not support the offering plan. Becamex IDC intends to sell 150 million shares through an auction with a minimum starting price of 50,000 VND per share, aiming to raise 7,500 billion VND for project investments and debt repayment. Previously, the company planned to sell 300 million shares but postponed due to market impacts. Currently, BCM shares are trading at 69,200 VND/share.
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