HCMC – Nam Long Investment Corporation (HOSE: NLG) will finalize the list of shareholders eligible to purchase newly issued shares on October 20, as part of its plan to raise capital through a preferential share offering.
According to the company’s announcement, NLG plans to issue more than 100 million shares to existing shareholders at a ratio of 100:26, meaning that for every 100 shares held, shareholders will be entitled to buy 26 new ones. The offered price is set at VND25,000 per share, equivalent to around 63% of the current market price.
At the close of trading today, October 14, NLG shares dropped 2.82%, or VND1,150, to VND39,650 per share, with 4.09 million shares changing hands, valuing the company at approximately VND15.27 trillion.
The VN-Index declined 4.06 points, or 0.23%, to 1,761.06 points. The HOSE saw 76 gainers and 256 decliners, with total trading volume exceeding 1.56 billion shares worth VND52.42 trillion, up 17% in volume and 18% in value from the previous session.
Despite losing its upper limit, VIC still rose 3.2% to VND211,900, while its affiliate VHM gained 2.3% to VND127,000. VRE, however, edged down slightly.
On the downside, red dominated the VN30 group, though declines were moderate. SHB remained the most actively traded stock on HOSE, with 124.3 million shares exchanged, down 0.6% to VND18,000, followed by HPG with 84.3 million shares traded.
On the Hanoi Stock Exchange, the HNX-Index fluctuated narrowly before closing slightly lower by 0.02 point, or 0.01%, at 275.33 points, with 56 advancers and 114 decliners. Total matching volume reached 140.2 million shares valued at VND3.52 trillion.
