FIT: Board resolution dated January 17, 2017 F.I.T Group Joint Stock Company announced the Board resolution dated January 17, 2017 as follows:
Article 1: Approving to adjust the plan for use of capital from the issuance to strategic partners:
Previous plan:
No.
|
Project
|
Amount (VND)
|
1
|
Invest in subsidiaries and associated companies
|
269,000,000,000
|
|
Invest in F.I.T Real Estate Investment JSC
|
99,000,000,000
|
|
Invest in Cuu Long Pharmaceutical Joint Stock Company (**)
|
120,000,000,000
|
2
|
Raise the working capital
|
92,812,850,000
|
|
Total
|
311,812,850,000
|
(**) expected to buy 5 million DCL shares at VND24,000/share
New plan:
- Proceeds from issuance: VND358,584,777,500
- Consulting fee and auditing fee: VND31,000,000
- Net proceeds: VND358,553,777,500
No.
|
Project
|
Amount (VND)
|
1
|
Invest in subsidiaries and associated companies
|
269,000,000,000
|
|
Invest in F.I.T Real Estate Investment JSC
|
99,000,000,000
|
|
Invest in Cuu Long Pharmaceutical Joint Stock Company (**)
|
170,000,000,000
|
2
|
Raise the working capital
|
89,553,777,500
|
|
Total
|
358,553,777,500
|
Article 2: The Board approved to buy an additional 3 million to 5 million DCL shares of Cuu Long Pharmaceutical Joint Stock Company. The buying price will not be higher than VND35,000/share. HOSE
|