ASM: Report on the use of proceeds from public offering Sao Mai Group Corporation has announced the use of proceeds from the public offering as follows:
1) Result of public offering:
- Name of stock: Stock of Sao Mai Group Corporation
- Stock type: common stock
- Par value: VND10,000/share
- Registration volume for the public offering: 50,067,612 shares
- Expected mobilized capital: VND500,676,120,000
- Starting date: September 03, 2014
- Finish date: November 24, 2014
2) Report use of proceeds from the public offering:
- The company has used VND213.51 billion to invest for investment project – Sao Mai Binh Khanh 5 Luxury Urban as of March 31, 2015.
- The company has used VND57.04 billion to invest for Tan Hiep, Kien Giang Residential Area as of March 31, 2015. HOSE
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