Petro Viet Nam Low Pressure GAS Distribution Joint Stock Companyannounced the use of proceeds from public offeringas follows:
I. Result of the offering:
-
Name
of stock: Stock of Petro Viet Nam
Low Pressure GAS Distribution Joint Stock Company
-
Stock
type: Common stock
-
Stock
code: TTF
-
Par
value: VND10,000 / share
-
Volume
registered to offer: 9,900,000 shares
-
In
which:
+
8,212,238
shares to existing shareholders
+
1,687,762
shares to employees
-
Total
issued volume: 9,900,000 shares
-
Estimated
mobilized capital: VND99,000,000,000
-
Issue
date: February 28, 2011
II. Report use of proceeds from the offering:
-
Purpose
of the offering:
+
To
construct Nhon Trach gas supply system: VND99 billion
+
The
use of proceeds from the offering
+
To
invest in Nhon Trach gas supply system: VND99 billion