Wednesday, 30/03/2016 14:14

VHG: Report on the use of proceeds

Quang Nam Rubber Investment JSC reported the use of VND750 billion proceeds from the public offering from June 10, 2015 to August 06, 2015 as follows:

1)    Plan according to the Company’s prospectus:

No.

Purpose

Amount

(VND billion)

1

Invest, associate, cooperate with potential companies in the same field of business

400

2

Invest in subsidiary Quang Nam Rubber Industry JSC

150

3

Invest in subsidiary Quang Nam Mineral JSC

50

4

Raise the working capital

150

 

Total

750

 

2)    Progress of disbursement:

No.

Purpose

Disbursed amount

(VND billion)

Remaining amount

(VND billion)

1

Invest, associate, cooperate with potential companies in the same field of business

-

400

2

Invest in subsidiary Quang Nam Rubber Industry JSC

10

140

3

Invest in subsidiary Quang Nam Mineral JSC

50

0

4

Raise the working capital

323

(173)

 

Total

383

367

 

HOSE

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