XMC: Report on use of proceeds
Vinaconex Xuan Mai Concrete & Construction JSC (HNX: XMC) reports the use of proceeds in the issue certified by the State Securities Commission on 11/11/2010 as follows:
1. Net proceeds: VND99,982,400,000
2. Purpose of the issuing plan:
- Investment in the construction of Xuan Mai Condominium and Trade Center: VND20 billion
- Investment in Ngo Thi Nham Condominium, Ha Dong district, Ha Noi city: VND80 billion
3. Use of proceeds:
- Investment in Ngo Thi Nham Condominium, Ha Dong district, Ha Noi city: VND80 billion
- Investment in the construction of Xuan Mai Condominium and Trade Center: VND1.054 billion
The remained proceeds of VND18.93 billion for the project of Investment in the construction of Xuan Mai Condominium and Trade Center will be used in the future.
HNX
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