TMC: Report on use of proceeds
Thu Duc Trading and Import – Export Joint Stock Company (HNX: TMC) reports the use of proceeds in the issue certified by the State Securities Commission on 17/12/2009 as follows:
1. Issue results:
- Total volume of additional shares issued: 4,000,000 shares
Subject Exercise rate Offering price (VND/share) Volume of additional shares
1. Bonus Shares for Outstanding shareholders 2:1 2,000,000
2. Additional shares for Outstanding shareholders 2:1 15,000 1,986,584
3. Additional shares for BOD, Staff 20,000 13,416
- Total: 4,000,000
2. Net proceeds: VND 30,067,080,000
3. Use of proceeds:
- Payment of debt: VND15,000,000,000
- Buy goods (Petrol, iron): VND15,067,080,000
- Total: VND30,067,080,000.
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