Friday, 09/07/2021 16:44

BCG: Report on the use of capital

Bamboo Capital Joint Stock Company reports the use of capital as follows:

1)      Information on the share issue:

-          Stock type: common stock

-          Par value: VND10,000/share

-          Number of issued shares: 67,462,380 shares

-          Total mobilized capital: VND674,623,800,000

-          Ending date of share issue: March 15, 2021

2)      Report on the use of capital:

-          Project progress according to the Company’s plan: Quarter 2 of 2021

-          Current project progress: July 01, 2021

-          Changes (if any): According to the initial plan, BCG will invest VND150 billion in BCG Energy JSC, and BCG Energy JSC will contribute capital in VNECO – Vinh Long. However, because the parent company BCG has not contributed capital, BCG Energy JSC borrowed to contribute capital in order to ensure the progress of capital contribution in VNECO – Vinh Long. Therefore, after receiving capital from BCG, BCG Energy JSC will repay loans.

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