PSC: Report on use of proceeds
Petrolimex Saigon Transportation and Service JSC reports the use of proceeds in the issue approved by the SSC on 21/07/2010 as follows:
1. Information on the issue:
- Stock name: Petrolimex Saigon Transportation and Service JSC
- Stock code: PSC
- Stock type: Common stock
- Par value: VND 10,000/share
- Offering volume: 2,800,000 shares
- Number of shares issued: 2,800,000 shares
Where:
+ Outstanding shareholders: 2,000,000 shares, offering price: VND 15,000/share
+Vietnam National Petroleum Group: 800,000 shares, offering price: VND 20,000/share
- Total proceeds: VND 46,000,000,000
2. Use of proceeds:
2.1. Purpose of the issue: To invest in PTS office building and supplement working capital
2.2. Report on use of proceeds:
- Stage I: VND 19,784,764,059 ( reported on 06/04/2011)
- Stage II: VND 8,194,039,546 (reported on 06/10/2011)
- Stage III: VND 15,300,787,849
+ Constructing the building: VND 12,269,695,303
+ Petroleum store: VND 2,411,302,546
+ Xitec lorry: VND 619,790,000
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