Wednesday, 16/09/2015 16:51

TSC: TSC changes the capital allocation plan

Techno - Agricultural Supplying Joint Stock Company announced Board Resolution No.72 dated September 04, 2015 as follows:

Article 1: Because the consumer goods industry is promising and profitable, TSC will cooperate with the parent company F.I.T and the companies in the group to invest in the consumer goods industry.

Article 2: The Board of Directors decided to change the capital allocation plan in the third capital increase of 2015:

-          Increased amount of charter capital: VND 738,240,420,000  

-          Total proceeds: VND 738,240,420,000 

Capital allocation plan:

Purpose

Amount

1. Invest in subsidiaries, associated companies:

648,400,000,000

-          TSC Seeds Joint Stock company

140,000,000,000

-          West Food Company

95,400,000,000

-          Westfood Hau Giang Project

10,500,000,000

-          Sao Nam Trading Manufacturing And Service  JSC

402,500,000,000

2. Supplement the working capital

89,840,420,000

Total

738,240,420,000

HOSE

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