On June 14, 2012 Petro Viet Nam Low Pressure Gas Distribution Joint Stock Company announced the result of using the proceeds from the 2010 stock offering:
-
Report
on the offering:
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Name
of stock: Stock of Petro Viet Nam Low Pressure Gas Distribution Joint Stock
Company
+
Stock
code: PGD
+
Stock
type: common stock
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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
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Sold
volume: 9,900,000 shares
+
Proceeds
from the offering: VND99,000,000,000.
+
Report
on using the proceeds from the offering:
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Plan:
+
Invest
in construction of Nhon Trach gas supply system: VND69 billion
+
Buy
a low pressure gas system – Stage 2: VND30 billion.
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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.
