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ADS: Board resolution on the plan for the use of proceeds According to the Board resolution dated June 21, 2021, the Board of Directors of Damsan Joint Stock Company approved the plan for the use of proceeds from the offering (estimated at VND100,000,000,000) as follows:
- Investment in Thai Binh Cau Nghin Investment Joint Stock Company: VND52,000,000,000;
- Repayment of bank loans: VND48,000,000,000.
The Board of Directors committed to complete the application of additional listing on the Stock Exchange no later than 30 days from the end of the offering, excluding the waiting time for approval from the authorities. HOSE
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