Tuesday, 18/09/2018 14:22

STK: BOD resolution on the plan for the capital use from the offering

On September 17, 2018, the BOD of Century Synthetic Fiber Corporation approved to plan the use of capital from the public offering as follows:

Content

Expected amount (VND)

Expected time

Total proceeds from the public offering

Funding for the Trang Bang 5 project:

59,937,800,000

from November 2018 to June 2019.

- Investment in factory expenses

45,136,472,000

 

- to purchase the machine and equipment

14,801,328,000

 

 

-       In the course of implementation of the plan, if the actual conditions change, the Board of Directors will adjust details of the capital use plan in line with the actual situation, ensuring the purpose of capital use which has been approved by the General Meeting of Shareholders.

HOSE

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>   FRT: Resolution on the new charter capital (17/09/2018)

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>   POM: Notice of stock issuance for dividend payment (13/09/2018)

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