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VCS: Report on use of proceeds
Vinaconex Advanced Compound Stone JSC reports the use of proceeds in the issue of 10,000,000 shares approved by the SSC on 28/02/2011 as follows:
1. Information on the issue:
- Stock code: VCS
- Stock type: Common
- Par value: VND 10,000/share
- Charter capital (before issue): VND 210,666,000,000
- Offring volume: 10,000,000 shares
- End of the issue: 13/05/2011
- Number of shares issued: 10,000,000 shares
- Total proceeds: VND270,000,000,000
- Total expenses: VND99,000
- Net proceeds: VND269,999,901,000 billion
- Charter capital after the issue: VND310,666,000,000
2. Use of proceeds:
- For restructuring Style Stone JSC: VND 269,999,901,000
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