Vietnam Renewable Energy Joint Stock Company announced that it will issue 12,250,000 common shares at an issue price of $0.4759183673469388 per share for gross proceeds of $5.83 million on September 25, 2023. The transaction will include participation from new investor, Shinfox Energy Co., Ltd. for 35% stake. The transaction has been approved at the board of directors of the company.
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- News Shinfox Energy Co., Ltd.
- Vietnam Renewable Energy Joint Stock Company announced that it expects to receive $5.829996 million in funding from Shinfox Energy Co., Ltd.