The Vietnam International Bank (VAB) has approved a resolution from its Board of Directors regarding the issuance of shares to increase its charter capital through a public offering to existing shareholders. The capital raised from this issuance will be used to supplement working capital and invest in business projects, while part of it will be utilized to repay debts. The Board has also approved detailed information about the offering, including the number of shares to be issued, selling price, and implementation timeline. This issuance is expected to improve VAB’s capital safety ratio and enhance its financial capacity to better meet customer needs.
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