Competitive offering of more than 1.1 million shares of Uong Bi Automobile Mechanical JSC and Uong Bi-Vinacomin Electromechanical JSC

NDO - The Hanoi Stock Exchange (HNX) announced that on June 12, the Exchange will organize a competitive offering of 306,054 shares of Uong Bi Automobile Mechanical Joint Stock Company and 862,306 shares of Uong Bi-Vinacomin Mechanical and Electrical Joint Stock Company owned by the Vietnam National Coal-Mineral Industries Group.

Uong Bi Automobile Mechanical Joint Stock Company (located at Tan Lap 2 area, Phuong Dong ward, Uong Bi city, Quang Ninh province) is owned by Vietnam National Coal-Mineral Industries Group, formerly known as Mechanical Repair Enterprise, established in 1971. The company has a charter capital of more than 15 billion VND.

The Company's line of business is maintenance and repair of automobiles and other motor vehicles...

In the competitive offering session held at 10:30 a.m. on June 12 at the Hanoi Stock Exchange, Uong Bi Automobile Mechanical Joint Stock Company will auction 306,054 shares owned by Vietnam National Coal-Mineral Industries Group, with a par value of VND10,000/share, with a starting price of VND89,800/share.

The number of shares foreigners are allowed to buy is 306,054 shares.

Investors participating in the auction must register and deposit from May 14, 2025 to 3:30 p.m. on June 5, 2025, at the auction agents; submit the Competitive Offering Participation Form no later than 4:00 p.m. on June 10, 2025, and place it directly in the ballot box at the headquarters and branches of the competitive offering agents where investors register; pay for shares from June 12, 2025 to June 18, 2025; and refund the deposit from June 13, 2025 to June 18, 2025.

Previously, at 9:00 a.m. on the same day (June 12), in a competitive offering session held at the Hanoi Stock Exchange, Uong Bi-Vinacomin Electromechanical Joint Stock Company auctioned 862,306 shares owned by the Vietnam National Coal-Mineral Industries Group, with a par value of VND10,000/share, with a starting price of VND38,400/share.

The number of shares foreigners are allowed to buy is 862,306 shares.

Investors participating in the auction must register and deposit from May 14, 2025 to 3:30 p.m. on June 5, 2025, at the auction agents; submit the Competitive Offering Participation Form no later than 4:00 p.m. on June 10, 2025, and place it directly in the ballot box at the headquarters and branches of the competitive offering agents where investors register; pay for shares from June 12, 2025 to June 18, 2025; and refund the deposit from June 13, 2025 to June 18, 2025.

Uong Bi-Vinacomin Electromechanical Joint Stock Company (address at Group 13, Zone 8, Bac Son Ward, Uong Bi City, Quang Ninh Province) was formerly Uong Bi Electromechanical Factory, established in 1964. The company has a charter capital of more than 24.38 billion VND.

The company's line of business is mechanical processing, metal treatment and coating.

Source: https://nhandan.vn/chao-ban-canh-tranh-hon-11-trieu-co-phan-cua-ctcp-co-khi-o-to-uong-bi-va-ctcp-co-dien-uong-bi-vinacomin-post879731.html