Reports > ASX Announcements

Previous ASX Announcements

Published on Friday, 29 February 2008

Rights Issue - Notice of Undersubscriptions

Rights Issue - Notice of Undersubscriptions

 
A.C.N. 063 656 333
A.B.N. 64 063 656 333
VIETNAM INDUSTRIAL INVESTMENTS LIMITED
 
 
29 February 2008
 
Company Announcements Office
ASX Limited
Exchange Plaza
2 The Esplanade
PERTH WA 6000
 
Dear Sirs
 
PRO RATA RENOUNCEABLE RIGHTS ISSUE - NOTICE OF UNDER-SUBSCRIPTIONS
 
Vietnam Industrial Investments Limited (the Company) is pleased to advise that the Company's renounceable pro rata rights issue (Rights Issue) to Shareholders with a registered address in Australia or New Zealand and registered at 5.00 pm (AWDST) on 6 February 2008 (Eligible Shareholders) closed at 5.00 pm (AWDST) on 26 February 2008.
 
The Company wishes to advise that Eligible Shareholders subscribed for 38,957,421 fully paid ordinary shares in the capital of the Company (New Shares) at an issue price of A$0.15 each raising a total of A$5,843,613 (before expenses of the issue). This represents a take-up of approximately 75.41%.
 
The Rights Issue was not underwritten and the directors have elected not to place the shortfall.
 
As previously advised, the allotment and issue of New Shares and the dispatch of holding statements is due to take place on 5 March 2008.
 
Yours faithfully
 
 
 
Alan Alexander Young
Director & Chief Operating Officer
 
 
Comments (0)Number of views (518)

Author: SuperUser

Categories: ASX Announcements

Tags: