Everpia Vietnam Completes Share Issue in Private Placements

Everpia Vietnam Joint Stock Company recently held an Extraordinary Shareholders to inform its completion of issuing 3 million shares in private placement to strategic shareholders, raking in more than VND150 billion of proceeds and increasing the authorized share capital to VND137 billion.

 

The company sold its shares to strategic partners at a price of at least VND50,000 per share. Particularly, the Vietnam - Japan Investment Fund, a joint venture of Japan’s Soft Bank Investment (SBI) and FPT Capital, acquired part of the issue.

 

The company used VND30 billion of proceeds to repair and upgrade production lines, VND60 billion to acquire new production facilities in Hanoi, VND20 billion to invest for bedding development investment, and VND15 billion to expand export.

 

Besides, Everpia Vietnam has recently obtained a permit from the State Securities Commission of Vietnam (SSC) to list its shares on the Hochiminh Stock Exchange (HOSE).