Friday, 09/03/2018 10:23

PC1: Report on the use of capital (Phase 3)

Power Construction Joint Stock Company announces the use of capital from private offering as follows:  

1)    Result of private placement:

-          Name of stock: Stock of Power Construction Joint Stock Company

-          Stock type: common stock

-          Par value: VND10,000/share

-          Quantity of shares for the public offering: 11,480,718 shares

-          Total net mobilized capital: VND378,793,694,000

-          Beginning date: September 06, 2016

-          Ending date: September 10, 2016

2)    Plan of capital use: 

-          Plan: The proceeds from private placement will be used to invest in Bao Lam 3 Hydropower Project. 

-          Project progress:

  • The proceeds which was disbursed to Bao Lam 3 Hydropower Project until the present: VND375,248,108,352.
  • The remaining proceeds: VND3,545,585,648.
  • Bao Lam 3 Hydropower Project was finished and went into operation from December 2017.

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