Announcement on the first public auction of shares of Ha Noi Construction Corporation

Announcement on the share auction in the IPO of HANOI CONSTRUCTION CORPORATION ·         Company name: Hanoi Construction Corporation ·        

Go back
Announcement on the first public auction of shares of Ha Noi Construction Corporation

24/01/2014

Announcement on the share auction in the IPO of

HANOI CONSTRUCTION CORPORATION

·         Company name: Hanoi Construction Corporation

·         Address: 57 Quang Trung, Nguyen Du, Hai Ba Trung, Ha Noi

o    Business segments: Construction of civil, industrial, and infrastructure works, real estates, and other related lines of business

·         Expected charter capital:   VND 1,900,000,000,000

·         Par value:  VND 10,000 per share

·         Minimum bid price/starting price:   VND 10,200 per share

o    Number of shares available for auction: 49,742,300 shares

o    Number of shares available for foreign investors: 49,742,300 shares

o    Eligibility for participation in the auction: Domestic and  foreign institutional and individual investors who satisfy the eligibility requirements as specified in Article 6 of the Government Decree No. 59/2011/ND-CP dated 18 July 2011 on the transformation of 100% state-owned enterprises into joint stock companies.

o    Time and place for registration and money deposits:

ü  Time: From 8:30AM on 10 February 2014 to 15:30PM on 3 March 2014.

ü  Place: Designated auction agencies (as specified in the Auction Regulations for First Public Share Auction of Hanoi Construction Corporation – Appendix on List of Auction Agencies)

·         Time and place for submission of auction bidding slips:

o    Time: no later than 16:00PM on 5 March 2014

o    Place: Put the slips directly in the designated slip boxes at the Headquarters Office and the Branch Office of the Auction Agencies where investors have completed their registration procedures

o    Time and place for auction:

ü  Time: 8:30AM on 10 March 2014

ü  Place: Hanoi Stock Exchange, 2 Phan Chu Trinh, Hoan Kiem, Ha Noi

·         Schedule for payment: From 11 March 2014 to 20 March 2014Schedule for return of money deposits: From 12 March 2014 to 17 March 2014

SSI