AgriBank Securities Joint Stock Corporation (Agriseco)announced the use of proceeds from public offering as follows:
I. Stock:
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Name
of stock: Stock of AgriBank Securities Joint Stock Corporation
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Stock
type: Common stock
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Par
value: VND10,000 / share
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Volume
registered to offer: 80,000,000 shares
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Estimated
mobilized capital: VND800,000,000,000
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The
beginning date: April 21, 2013
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The
completion date: July 21, 2013
II. Report use of proceeds from the offering:
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Agrisecoinvested
according to plan in the prospectus:
+
To
invest in infrastructure, technology, human resources.
+
To
develop profitable business
+
The
estimated capital of VND100 billion to establish Fund Management Company was in
the process of implementing.