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DC4: Report on use of proceeds
(Oct. 02, 2013) DIC No.4 JSC reported
on use of the proceeds of the public offering 2010 as follows:
1. Summarized result of the public
offering:
- Total distributed shares: 2,860,004
shares, accounting for 100% of the total issued shares.
- Total proceeds of the share
issuance: VND 37,403,850,900
+
The proceeds of the share offering: VND 33,124,550,900
+
The proceeds of the stock dividend (20%): VND 4,279,300,000
- Total cost: VND 80,550,000
+
Advisory fee: VND 60,000,000
+
Audit cost: VND 20,000,000
+
Share distribution cost (bank transfer): VND 550,000
- The total proceeds of the public
offering: VND 37,323,300,900
2. The progress of project
implementation:
By the end of Sep. 2013, the Company
disbursed 1.72 billion dongs to cover the followings:
-
The cost of preparing, examining and approving the
detailed plan for 1/2000
-
The cost of measuring, drawing, making land map and
list of land owners for the land clearance compensation
-
The cost of survey, technical design
-
The cost of environmental impact assessment
-
The cost of advertisement
-
The cost of payment for the project management staff
-
Other related costs
Currently, DIC No.4 JSC is still
carrying out the legal documents for the project. However, due to the obstacles
of compensation price that the Company is asking for the authorities to settle.
The Company is also preparing to construct the project infrastructure and
invite subcontractors to the project.
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