C47: Board resolution on planning for the use of proceeds
Construction Joint Stock Company 47 announced Board resolution No.695 approves the plan for the use of proceeds from additional shares offering as follows:
- BOD approved the plan for the use of proceeds from the 6th additional shares offering to raise charter capital:
+ Estimated of proceeds from additional shares offering:
Resolution of Annual General Meeting for 2013 of C47 approved the plan for shares offering for existing shareholders & exterior shareholders to raise charter capital of company from 120 billion dongs up to 200 billion dongs; detailed contents as follows:
No.
Contents
Estimated of stock issuance volume
Estimated of offering price (dongs/share)
Estimated of total mobilized capital (million dongs)
1
To pay stock dividends
1,200,000
2
Issuance of bonus shares
3
Offering to existing shareholders
600,000
10,000
6,000
4
Auction
5,000,000
(*) 12,000
60,000
Total
8,000,000
66,000
(*) Beginning price
+ Plan for the use of proceeds from shares offering:
Total proceeds from additional shares offering used to supplement the mobilized capital for company’s business production.
HOSE
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