Two State-owned cement companies of But Son and Bim Son, which are located in northern Ha
When the companyswitches to the joint-stock model, its authorised capital will be estimated at VND1.1 trillion (US$69m).
Of the total, the State will retain a stake worth VND865.6445 billion (US$54.79m), making up 78.7 per cent of the total capital. The company’s employees will hold VND14.36 billion (US$m), which is equivalent to 1.3 per cent of the chartered capital, and other shareholders will account for VND220 billion (US$1m), comprising 20 per cent of the capital.
The But Son Cement Plant, which is under the Vietnam Cement Corp. and located in Thanh Son commune, Kim Bang district of Ha
The Bim Son Cement Company, meanwhile, plans to sell 18 million of its shares at the starting price of VND11,000 per share on the local bourse on