Goldsun to Raise Registered Capital to US$3.1Mln
Goldsun Joint Stock Company plans to boost its registered capital to VND50 billion (US$3.1 million) after it raised capital to VND40.9 billion (US$2.6 million) from VND20 billion (US$1.25 million) on May 22.
The firm said it will raise capital via selling shares to strategic partners.
The proceeds will be used to expand the existing household appliance plant and build another plant worth US$3.6 million.
Goldsun also plans to invest VND144 billion (US$9 million) in expanding high-quality packing mill.
The household appliance producer is preparing to list its shares on bourse in the second quarter of next year.
Goldsun was transformed to joint stock company mode in 2005, in which Mekong Capital Fund Management hold 30 per cent of the capital. (Labour)
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