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PGI: Board resolution on the capital allocation of private placement According to the Board resolution dated June 15, 2017, the Board of Directors of Petrolimex Insurance Corporation (PJICO) approved the plan for capital allocation of private placement as follows:
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No.
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Purpose
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Estimated amount
(VND)
|
|
1.
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To raise the working capital
|
80,000,000,000
|
|
2.
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To expand the network, develop internet technology system and invest in finance
|
152,306,650,000
|
|
2.1.
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To expand the network
|
32,306,650,000
|
|
2.2.
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To develop internet technology system
|
50,000,000,000
|
|
2.3.
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To invest in finance(stock, bond, deposit)
|
70,000, 000,000
|
|
3.
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To invest in PJICO’s head office in Ha Noi
|
300,000,000,000
|
|
|
Total
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532,306,650,000
|
HOSE
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