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EMC: Board Resolution _ Jun 18, 2020 On June 18, 2020, the Board of Directors of Thu Duc Electro Mechanical Joint Stock Company decided to adjust the plan for capital disbursement after the share issue to raise the Company’s charter capital from 114.73 billion dongs to 152.973 billion dongs in 2019, as follows:
- The plan before adjustment:
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No.
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Purpose
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Amount (VND)
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|
1
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Invest in equipment and machinery
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10,000,000,000
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2
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Upgrade workshops
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10,000,000,000
|
|
3
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Raise the working capital
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18,243,330,000
|
|
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Total
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38,243,330,000
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2. The plan after adjustment:
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No.
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Purpose
|
Amount (VND)
|
|
1
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Invest in equipment and machinery
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10,000,000,000
|
|
2
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Upgrade workshops
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3,714,841,949
|
|
3
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Raise the working capital
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24,313,488,051
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|
|
Total
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38,028,330,000
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Reason for change: the cost of upgrading workshops is lower than the original estimate. HOSE
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