Vietnam Medicinal Materials increases charter capital after 2024 stock dividend

The Board of Directors of Vietnam Medicinal Materials Joint Stock Company has approved a resolution to amend the company’s charter, reflecting its new charter capital. This change follows the issuance of shares to pay dividends for 2024. The updated charter has been published on the company's website.

The company's charter capital has increased from VND 427,799,160,000 to VND 470,577,870,000. Consequently, the total number of shares has risen from 42,779,916 to 47,057,787, with each share maintaining a par value of VND 10,000. Foreign ownership remains at 0%.

This resolution, effective from the date of signing, supersedes previous charter provisions. The general meeting of shareholders had previously authorized the board of directors to make these adjustments following the 2024 annual stock dividend distribution.