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Hai Minh announces employee stock ownership plan

September 19, 2025 at 06:01 PM UTCBy FilingReader AI

Hai Minh Joint Stock Company has announced an employee stock ownership plan, confirming the issuance of 642,382 shares. These shares, valued at VND 10,000 per share, will represent 4.87% of the total outstanding shares. The total par value of this issuance is VND 6,423,820,000. Shares acquired under this plan will be subject to a one-year transfer restriction from the completion date of the issuance.

This plan follows the receipt of an official letter from the State Securities Commission on September 10, 2025, concerning the report on share issuance under the employee stock ownership program. The State Securities Commission has confirmed receipt of all necessary documents and requested the company proceed with the issuance.

The issuance aligns with resolutions from Hai Minh's 2025 Annual General Meeting of Shareholders and Board of Directors. The subscription period for purchasing these shares will run from September 22, 2025, to October 10, 2025, with funds to be deposited into a designated account.

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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