Friday, 21/01/2022 16:03

FIT: Adjusting the plan for using capital from the offering

The Board resolution dated January 19, 2022, the BOD of F.I.T Group Joint Stock Company approved the amendment, supplement to the plan for using capital from the offering with details as follows:

            According to the General Meeting of Shareholders approved, the proceeds from the offering of VND509,460,490,000 after deducting the issuance costs, the remaining amount will be used to supplement working capital for the company’s business activities and increase capital for the member companies. Details are as follows:

 

No.

Content

Amount (VND)

Estimated disbursement time

I

To increase capital for subsidiaries

248,048,060,000

 

1

Techno - Agricultural Supplying Joint Stock Company

202,143,070,000

Q1/2022-Q2/2022

2

F.I.T Land Investment Joint Stock Company

45,904,990,000

Q1/2022-Q2/2022

II

To supplement working capital for business activities

261,412,430,000

 

1

To pay the investment cooperation for Mui Dinh Ecopark Joint Stock Company

106,000,000,000

QI/2022-QII/2022

2

To supplement capital for securities business activities

155,412,430,000

QI/2022-QII/2022

 

Total

509,460,490,000

 

HOSE

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