Southern Seed Company (SSC) will issue 40 billion VND (2.5mio US$) in shares.
The company aims to mobilise cash to raise its chartered capital from 60 billion VND (3.8mio US$) to 100 billion VND (6.3mio US$).
Ninety percent of the new shares will go to existing stockholders. The company also plans to alter its annual dividend policy to 12%.
Source: VNA
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