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
|