Tuesday, 11/10/2022 16:35

MIG: Report on using capital from the offering

   On October 10, 2022, Military Insurance Corporation reports the progress of using capital from the public offering with details as follows:

I. Information on stock issuance:

-          Stock name: Military Insurance Corporation

-          Stock type: common share

-          Par value: 10,000 dongs

-          Offering volume: 46,000,000 shares

-          Total mobilized proceeds: VND460,000,000,000

-          Beginning date: February 19, 2019

-          Ending date: March 22, 2019.

II. Plan for using capital from the offering:

  1. The progress of project announced as Prospectus:

No.

Content

Amount (VND)

1

To invest in development of core insurance system

200,000,000,000

2

To invest in increase capacity

190,000,000,000

3

Expanding and developing the network (local and abroad)

70,000,000,000

 

     2. Current project progress at 09/30/2022:

2.1  Amount invested:

No.

Content

Amount (VND)

1

To invest in development of core insurance system

20,347,465,494

2

To invest in increase capacity

190,000,000,000

3

Expanding and developing the network (local and abroad)

60,045,530,607

 2.2 The remaining amount, the Company is continuing to disburse according to the schedule

HOSE

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