PMS: Result of capital usage from public offering
PMS:
Result of capital usage from public offering
(24/01/2013)
Petroleum Mechanical Stock Company announced result of capital usage from public offering as
follows:
- Information
on offering:
- Stock
type: Common share
- Par
value: VND10,000
- Volume
of shares sold: 2,027,662 shares
- Raised
capital from offering: VND20,276,620,000
- Use
of raised capital:
2.1. Objectives
upon scheme of offering
- Investing
and purchasing assets: implementation of Binh Duong project, upgrading and repairing
of equipments, new purchasing of 2 petrol stations…
2.2. Capital
usage:
- As
of 31/12/2012, the company failed to buy 2 petrol stations due to high offering
price of petrol stations while low gross profit of petrol retailing.
- The
company keeps seeking for investment opportunity in petrol station satisfying reasonable
price, convenient location and effective productivity. HNX
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