LDP: Board Resolution to Issue 8.25 Million Shares Privately

LDP Investment Joint Stock Company has just approved a Board of Directors (BOD) resolution to privately issue 8.25 million shares. The purpose of this issuance is to increase charter capital and improve the company’s financial capacity. According to the information, the issuance is expected to be conducted in the upcoming quarter, with the share price determined based on market conditions at the time of the offering. The total estimated capital to be raised from this issuance is around 82.5 billion VND. Company leaders stated that the funds raised will be used for expanding production, investing in new projects, and meeting the operational needs of the enterprise.

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