Friday, 03/05/2019 16:34

DXG: Resolution on capital allocation from the bond private placement

The Board of Directors of Dat Xanh Group Joint Stock Company on May 02 approved to conduct the plan for the use of capital mobilized from the private placement of convertible bonds as follows:

-       Total issue volume: 234 bonds

-       Par value: VND1,000,000,000/bond

-       Total issue value: VND234,000,000,000

-       The Company will use the total of proceeds from the private placement worth VND234 billion to expand the land fund in the province of Dong Nai with the estimated scale of 10 – 15 hectares and the estimated investment of VND234 billion.

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