VCC: Report on use of proceeds
Vinaconex 25 JSC announces
use of proceeds in the issue to increase charter capital from VND 40 billion to
VND 60 billion in 2011 as follows:
- Information
in the issue
-
Total
volume of shares offered: 2,000,000 shares
-
Issue
price: VND 11,500/ shares
-
Proceeds:
VND 23,000,000,000
- Use
of proceeds
-
Investing
in No.3 urban town, Dien Nam- Dien Ngoc new town: VND 10,000,000,000
-
Investing
in Da Nang commercial product cement mixing station: VND 10,000,000,000
-
Investing
in purchasing equipment and enhancing production capacity: VND 3,000,000,000 HNX
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