FLC Group Joint Stock Company has announced the use of proceeds from the issuance as follows:
1) Result of the
issuance:
-
Name of stock: Stock of FLC Group Joint Stock Company
-
Stock type: common stock
-
Par value: VND10,000/share
-
Issued volume: 77,180,000 shares
-
Expected mobilized capital: VND771,800,000,000
-
Beginning date: March 06, 2014
-
Finish date: April 07, 2014
2) Report use of
proceeds from the public offering:
Amount of 60.5
billion dongs was used to invest for the complex in the South new Urban Area in
Thanh Hoa city. The remaining amount was used to pay the land use right,
construction, etc.