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VNF: Board Resolution On 23 Jul 2020, Vinafreight Joint Stock Company announced Board Resolution No. 13-20/NQ-HDQT on change in detail use of proceeds collected from the share offer to supply operating capital as follows:
Unit: VND
| No |
Purpose |
Value |
| 1 |
Contribute more capital on Thang Long Logistics Services Corporation |
50,000,000,000 |
| 2 |
Contribute capital to establish Vinh Loc Logistics Services Corporation (*) |
52,600,000,000 |
| 3 |
Supplement working capital (**) |
64,935,000,000 |
| |
Total |
167,535,000,000 |
(*) According the Board Resolution No. 11-19/NQ-HDQT dated 25/10/2019 and requirement about contribution capital on Vinh Loc Logistics Services Corporation, Vinafreight Joint Stock Company has contributed VND1,000,000,000 on Vinh Loc Logistics Services Corporation.
(**) Pay for suppliers and subsidiaries as follows:
| No |
Detail |
Value |
Expected exercise date |
| 1 |
Vietcombank Ho Chi Minh |
15,000,000,000 |
Quarter IV/2020 |
| 2 |
Viet Way Investment and Development Ltd., Co. |
20,000,000,000 |
Quarter IV/2020 |
| 3 |
International Vector Airway Ltd., Co. |
9,500,000,000 |
Quarter IV/2020 |
| 4 |
PAN Continential Shipping Co., Ltd |
10,000,000,000 |
Quarter IV/2020 |
| 5 |
Sai Gon Newport Company |
10,435,000,000 |
Quarter IV/2020 |
| |
Total |
64,935,000,000 |
HNX
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