VMK: Board Resolution on Results of Share Purchase Rights for Existing Shareholders and Handling of Undistributed Shares

On October 25, 2023, the Board of Directors (BOD) of VMK Joint Stock Company issued a resolution regarding the implementation of share purchase rights for existing shareholders. The share issuance timeline was announced to enhance the company’s charter capital. The results indicated a high participation rate among shareholders, reflecting investors’ trust and commitment to the company.

Additionally, the BOD proposed a plan to address any undistributed shares, including the option to offer these shares to other parties or retain them for future issuance rounds. This approach aims to optimize the capital source and ensure sustainable development for the company going forward. This resolution marks a significant step for VMK towards its growth and operational expansion goals.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts