|
PGD: Report on using the capital from the 2010 stock issue
Petro Viet Nam Low Pressure Gas Distribution JSC (HOSE: PGD) announced the result of using the proceeds from the 2010 stock offering:
1. Report on the offering:
- Name of stock: Stock of Petro Viet Nam Low Pressure Gas Distribution Joint Stock Company
- Stock code: PGD
- Stock type: Common stock
- Par value: VND10,000/share
- Offering volume: 9,900,000 shares
+ To the existing shareholders with a ratio of 4:1: 8,212,238 shares
+ To the Company’s employees: 1,687,762 shares
- Sold volume: 9,900,000 shares
- Proceeds from the offering: VND99,000,000,000.
2. Report on using the proceeds from the offering:
Plan:
- Invest in construction of Nhon Trach gas supply system: VND69 billion
- Buy a low pressure gas system – Stage 2: VND30 billion
Implementation:
- The Company invested VND69 billion in Nhon Trach gas supply system
- The remaining VND30 billion will be used to buy the low pressure gas system – Stage 2.
HOSE
|
