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Tuesday, 04/09/2012 10:59

CMS: Report on use of proceeds

Cavico Constructions Manpower and Services JSC reports the use of proceeds in the issue certified by the State Securities Commission on 16/09/2009 as follows:

  1. Net proceeds: VND 24,887,900,000
  2. Use of proceeds

-       Investment in purchasing equipments: VND4,654,904,907 from the issue in 18/01/2012

-       Addition of immobile capital for operation: VND5,345,095,093

No.

Plan of use of proceeds

Expected capital

Adjusted capital

As of 30/06/2012

1

Contributed in establishment of CMS Thang Long Co., Ltd one member

6,000,000,000

6,000,000,000

100%

2

Investment in purchasing equipments

10,000,000,000

4,654,904,907

100%

3

Addition of immobile capital for operation

9,000,000,000

14,345,095,093

100%

Total

25,000,000,000

25,000,000,000

100%

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