Thursday, 12/03/2020 15:00

HPG: Announcement of collecting shareholders’ opinions in writing

Hoa Phat Group Joint Stock Company announces that it will collect shareholders’ opinions in writing about the adjustment of Hoa Phat Dung Quat Integrated Steel Complex – Expansion Phase at Dung Quat Economic Zone, Quang Ngai province (hereinafter called “the Project”), as follows:

−      Project target: 5 million tons of steel

−      Floor area: about 166 hectares

−      Total estimated investment: VND60,000 billion, of which:

  • Estimated fixed capital: VND50,000 billion
  • Estimated working capital: VND10,000 billion

No.

Item

Unit

Sum

(estimated)

1

Total investment

billion dongs

60,000

 

Fixed capital

billion dongs

50,000

 

Of which: equipment and machinery

billion dongs

32,000

 

Capital construction

billion dongs

15,000

 

Other expense

billion dongs

3,000

 

Working capital

billion dongs

10,000

2

Ratio of Owner’s equity to Fixed capital

 

60%

HOSE

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