【Cheng Loong】Subsidiary Cheng Loong Vietnam Paper Investment Co., Ltd. Announces Board Resolution for Cash Capital Increase
Cheng Loong has announced that its board of directors has resolved to proceed with a cash capital increase for its subsidiary, Cheng Loong Vietnam Paper Investment Co., Ltd. The capital increase amounts to USD 50,000,000, with 50,000,000 shares to be issued at USD 1 per share.
📋 Article Processing Timeline
- 📰 Published: May 12, 2026 at 09:00
- 🔍 Collected: May 13, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 13, 2026 at 11:08 (3h 7m after Collected)
1. Board Resolution Date: 115/05/12
2. Source of Capital Increase Funds: Cash Capital Increase
3. Whether to Adopt a General Declaration for Issuing New Shares (Yes, please specify the planned issuance period / No): No
4. Total Amount and Number of Shares for the Entire Project (If it is a retained earnings or capital reserve increase, the number of shares issued does not include those allocated to employees):
Total Amount Issued: USD 50,000,000
Number of Shares Issued: 50,000,000 shares
5. For projects adopting a general declaration for issuing new shares, the amount and number of shares issued in this instance: Not applicable
6. For projects adopting a general declaration for issuing new shares, the remaining amount and number of shares after this issuance: Not applicable
7. Par Value Per Share: USD 1
8. Issuance Price: Not applicable
9. Number of Shares Subscribed by Employees or Amount Allocated: Not applicable
10. Number of Shares for Public Sale: Not applicable
11. Proportion of Subscription by Original Shareholders or Free Allocation: 100%
12. Handling of Odd Lots and Unsubscribed Shares: Not applicable
13. Rights and Obligations of New Shares Issued in this Instance: Same as existing shares
14. Use of Funds from this Capital Increase:
Capital increase for subsidiary Cheng Loong Binh Duong Paper Co., Ltd.
15. Other Matters to be Noted: None
2. Source of Capital Increase Funds: Cash Capital Increase
3. Whether to Adopt a General Declaration for Issuing New Shares (Yes, please specify the planned issuance period / No): No
4. Total Amount and Number of Shares for the Entire Project (If it is a retained earnings or capital reserve increase, the number of shares issued does not include those allocated to employees):
Total Amount Issued: USD 50,000,000
Number of Shares Issued: 50,000,000 shares
5. For projects adopting a general declaration for issuing new shares, the amount and number of shares issued in this instance: Not applicable
6. For projects adopting a general declaration for issuing new shares, the remaining amount and number of shares after this issuance: Not applicable
7. Par Value Per Share: USD 1
8. Issuance Price: Not applicable
9. Number of Shares Subscribed by Employees or Amount Allocated: Not applicable
10. Number of Shares for Public Sale: Not applicable
11. Proportion of Subscription by Original Shareholders or Free Allocation: 100%
12. Handling of Odd Lots and Unsubscribed Shares: Not applicable
13. Rights and Obligations of New Shares Issued in this Instance: Same as existing shares
14. Use of Funds from this Capital Increase:
Capital increase for subsidiary Cheng Loong Binh Duong Paper Co., Ltd.
15. Other Matters to be Noted: None