Imexpharm Pharmaceutical Joint Stock Company reported the use of the proceeds from its public offering, according to its report dated October 08, 2012:
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Total proceeds from the offering of 3,554,680 shares:
VND98,201,510,000
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The amount used until October 08, 2012: VND98,201,510,000 –
all of the proceeds, including:
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Paying for Penicillin injection production line: VND45 billion.
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Paying for upgrading equipment for Cao Lanh Factory: VND10
billion.
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Investing in system distribution: VND40,201,501,000.
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Raising the working capital: VND3 billion.