Yeah1 Corporation (YEG) has announced a transaction regarding the share purchase rights of its CEO, Ms. Ngo Thi Van Hanh, who is set to acquire nearly 2.5 million share purchase rights in an upcoming public offering. The transaction will occur from February 28 to March 3, 2025, with a purchase ratio of 100:40, allowing her to buy about 1 million YEG shares. Currently, she holds 551,081 shares (0.4022%). If successful, her holdings will increase to over 1.5 million shares (approximately 0.8% of the charter capital). Yeah1 plans to sell 54.8 million shares to enhance working capital and financial flexibility. The offering price is set at 10,000 VND per share, aiming to raise 548 billion VND, increasing charter capital from 1,370 billion to 1,918 billion VND. The annual general meeting will convene in April 2025 to approve operational reports and select an auditing firm.
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