TCO: Report on the use of capital

Duyen Hai Multi Modal Transport Joint Stock Company (TCO) reported the use of capital from public offering as follows:

      I.                Stock:

1)    Stock: Duyen Hai Multi Modal Transport Joint Stock Company   

2)    Stock type: common Stock

3)    Par value: VND10,000

4)    Offering volume: 3,303,000 shares

5)    Total mobilized capital (based on par value): VND37,842,500,000

6)    Beginning date: June 15, 2015

7)    Ending date: July 24, 2015

1.     II.                Plan for the use of capital:  

     Total mobilized capital from public offering is VND37,842,500,000. The company has created a savings account of VND37,842,500,000 at Joint Stock Commercial Bank for Investment and Development of Vietnam – Dong Hai Phong Branch. Accordingly, the company expects to use this amount to invest in building a CFS warehouse and implementing a M&A project.

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