SHB: Report on use of proceeds
Sai Gon - Hanoi Commercial Joint Stock Bank (HNX: SHB) reports the use of proceeds in the issue to increase charter capital from VND2,000 billion to VND3,500 billion as follows:
1. Net proceeds: VND 1,497,519,070
2. Use of proceeds as of 13/10/2011:
Unit: VND billion
Items
Plan
Realized
% compared to plan
1. Investing in office, equipment
650.00
568.00
87.4%
2. Explaining loans
729.519
112.2%
3. Investing in short- term valuable papers
200.00
100.0%
Total
1,500.00
1,497.519
99.8%
The proceeds have not been used up and the remaining has temporary transfered to lending account.
HNX
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