Friday, 17/12/2021 12:50

PHC: Change of the plan for the use of capital

On December 14, the Board of Directors of Phuc Hung Holdings Construction JSC approved the change of the use of capital from the stock issue for capital increase, as follows:

-          To transfer VND56 billion from the plan for “Buying the shares of Dien Bien Investment Resources and Energy Joint Stock Company” to “Increasing the Company’s working capital and paying debts”.

-          To pay 03 bank loan contracts among 34 expected contracts with an amount of VND69,019,000,000.

-          To supplement 05 loan contracts with the total value of VND10,981,000,000.

-          To supplement the plan for the use of capital with an expected increase of VND15,533,894,665 for increasing the Company’s working capital and paying debts.

HOSE

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