TCO: Report on the capital allocation from public offering

Duyen Hai Multi Modal Transport JSC has reported the progress of capital allocation from public offering:

      I.                Stock for public offering:

1)    Stock of Duyen Hai Multi Modal Transport JSC

2)    Stock type: common stock

3)    Par value: VND10,000

4)    Offering volume: 3,303,000 shares

5)    Total mobilized capital: VND37,842,500,000

6)    Beginning date of public offering: June 15, 2015

7)    Ending date of public offering: July 24, 2015

    II.                Plan for capital allocation from public offering:

1)    Progress of projects published in the Company’s prospectus: from Quarter I.2015 to Quarter I.2016

2)    Current project: The project has not been implemented.

The proceeds from public offering, worth VND37,842,500,000, is being deposited at BIDV – East Hai Phong Branch and VietinBank – Ngo Quyen Hai Phong Branch.

3)    Changes: The 2018 General Meeting of Shareholders approved the change in the capital allocation:

According to the resolution of Annual General Meeting dated March 24, 2018, the proceeds will continue to be used to expand ICD Phu Tho, invest in warehouses in Bac Ninh and invest in M&A. 

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