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LCS: Report on use of proceeds
Licogi 16.6 Joint Stock Company (HNX: LCS) reports the use of proceeds in the issue of 1,600,000 shares approved by the SSC on 07/06/2010 as follows:
1. Net proceeds: VND15,904,994,500
2. Purpose of the issue:
|
Investment |
Amount (VND) |
|
Construction equipment |
4,900,000,000 |
|
Buy shares in the seasoned issue of Song Da Cao Cuong Joint Stock Company |
4,500,000,000 |
|
Investing in potential property projects |
6,600,000,000 |
3. Use of proceeds
|
Investment |
Amount (VND) |
|
Construction equipment |
4,900,000,000 |
|
Buy 396,600 shares in the seasoned issue of Song Da Cao Cuong Joint Stock Company (Stock code: SCL) |
4,466,000,000 |
|
Investing in the project upgrading the residential building at Khuong Thuong, Dong Da, Hanoi |
600,000,000 |
|
Total |
9,966,000,000 |
hnx
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