Tuesday, 21/06/2016 16:27

FIT: Board resolution on private placement

On June 15, 2016, the Board of Directors of F.I.T Investment Joint Stock Company approved the following issues:

1)    Implementing the private placement to strategic partners as follows:

-          Issuing volume: 31,181,285 shares

-          Total issuing value: VND311,812,850,000

-          Transfer restriction: 01 year from the ending date of private placement

-          Selling price: VND11,100/share

-          Estimated mobilized capital: VND346,112,263,500

-          Time of implementation: Quarter II – III.2016

2)    Approving the plan for the use of capital:

No.

Project

Amount (VND)

1

Invest in FIT Land JSC

99,000,000,000

2

Invest in FIT Retail JSC

99,000,000,000

3

Raise the working capital

148,112,263,500

 

Total

346,112,263,500

HOSE

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