LGC: Report on the use of proceeds from public offering CII Bridges and Roads Investment Joint Stock Company has announced the use of proceeds from the public offering as follows:
I. Result of public offering:
- Name of stock: Stock of CII Bridges and Roads Investment Joint Stock Company
- Stock code: LGC
- Stock type: common stock
- Par value: VND10,000/share
- Registration volume for the public offering: 14,732,497 shares
- Expected mobilized capital: VND147,324,970,000.
- Starting date: December 24, 2014
- Finish date: February 04, 2015
II. Report use of proceeds from the public offering:
1) The project progress according to the Company’s prospectus:
The total proceeds from the public offering will be used to receive the transfer of shares of Saigon Bridge Joint Stock Company (*) from Hochiminh City Infrastructure Investment Joint Stock Company (CII). The expected proceeds of VND147,324,970,000 will used to receive the transfer of shares in Saigon Bridge Joint Stock Company from CII.
2) The project progress at present: completed.
(*) The company name is temporarily translated. HOSE
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