Friday, 16/05/2014 14:14

HAG: Report on the use of proceeds from public offering

HAGL Joint Stock Company (HAGL) has announced the use of proceeds from the public offering as follows:

1)     Result of public offering:

-  Name of stock: Stock of HAGL Joint Stock Company

-  Stock type: common stock

-  Par value: VND10,000/share

-  Number of shares before the issuance: 5,000,000 shares

-  Registration volume for the issuance: 107,474,210 shares

-  Issue volume: 107,474,210 shares

-  Total proceeds from the offering: VND1,074,742,100,000

-  Total net proceeds from the offering: VND1,052,599,770,000

2)     Plan use of proceeds from the public offering:

According to certificate No. 06/GCN-UBCK granted by the State Securities Commission dated March 21, 2013 with purpose as follows:

No.

Investment items

Estimated capital (VND)

Time of using the capital

1

Planting & caring 9,000 ha of rubber in Rattanakiri Province, Cambodia – Oyadav Co., Ltd.

200,000,000,000

In 2013

2

Planting & caring 25,000 ha of rubber and palm oil in Attapeu Province, Laos - Hoang Anh Attapeu Co., Ltd.

300,000,000,000

In 2013

3

Supplement to the Company’s working capital in2013

574,742,100,000

In 2013

 

Total

1,074,742,100,000

 

3)     Report use of proceeds from the public offering: 

HAGL used all of VND1,052,599,770,000 for the following projects:

No.

Investment items

Estimated capital (VND)

Time of using the capital

1

Planting & caring 9,000 ha of rubber in Rattanakiri Province, Cambodia – Oyadav Co., Ltd.

200,000,000,000

In 2013

2

Planting & caring 25,000 ha of rubber and palm oil in Attapeu Province, Laos - Hoang Anh Attapeu Co., Ltd.

300,000,000,000

In 2013

3

Supplement to the Company’s working capital in2013

574,742,100,000

In 2013

 

Total

1,074,742,100,000

 

 

HOSE

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