Higher Education and Vocational Books JSC approves private share placement
Higher Education and Vocational Books Joint Stock Company (HNX:HEV) announced the approval of its private share placement, with the subscription and payment period scheduled from November 29, 2025, to December 29, 2025. This decision, formalized in Resolution No. 205/NQ-HĐQT, follows a series of resolutions by the board of directors and the extraordinary general meeting of shareholders earlier in the year, addressing the private placement's execution, investor list, foreign ownership compliance, and the use of proceeds.
The board of directors had previously approved the execution of the private placement, identified professional securities investors, and ensured compliance with maximum foreign ownership ratio regulations. Subsequent resolutions refined the development strategies, detailed the use of proceeds, and adjusted the purpose of these funds for office reallocation.
The company's director, acting as the legal representative, is tasked with notifying investors of the schedule, providing instructions for participation, completing necessary procedures, summarizing offering results, and executing other related matters.
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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