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Bac Kan Mineral completes share issuance, boosts capital

August 28, 2025 at 06:04 PM UTCBy FilingReader AI

Bac Kan Mineral Joint Stock Corporation (BKC) has announced the completion of its share issuance to increase charter capital from owner's equity. The company issued 11,737,728 shares, achieving 100% of the registered number of shares intended for issuance. This development follows the receipt of an official letter from the State Securities Commission of Vietnam (SSC) on August 18, 2025, which confirmed BKC's report on the issuance results.

The State Securities Commission has directed BKC to coordinate with the Hanoi Stock Exchange and the Vietnam Securities Depository and Clearing Corporation to complete the necessary procedures for listing and supplemental depository registration of these new shares. This will integrate the newly issued shares into the market, enhancing the company's financial structure.

The announcement was made by Nguyen Van Vu, the authorized representative for disclosure at Bac Kan Mineral Joint Stock Corporation, and published on the company's website on August 27, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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