Wednesday, 16/11/2022 15:27

DAH: Approving change of plan for using capital from the offering

The Board resolution dated November 14, 2022, the BOD of Dong A Hotel Group Joint Stock Company approved the change of the plan for using capital from the share private placement with details as follows:

1. Plan for using capital approved by the General Meeting of Shareholders and the Board of Directors:

The estimated proceeds from the issuance of VND500,000,000,000 will be used to supplement capital to expand the Company’s business investment activities. Here are the specifics:

No.

Content

Amount (VND)

1

To supplement capital for resort and ecotourism in Phuc Xuan commune, Thai Nguyen city project.

50,000,000,000

2

To supplement capital for repairing, upgrading to Dong A hotel

150,000,000,000

3

To supplement working capital

300,000,000,000

 

Total

500,000,000,000

 

2. Plan for using capital after change:

No.

Content

Amount (VND)

1

To supplement capital for resort and ecotourism in Phuc Xuan commune, Thai Nguyen city project.

50,000,000,000

2

To supplement capital for repairing, upgrading to Dong A hotel

150,000,000,000

3

To supplement working capital

220,000,000,000

4

To buy shares of Green Island Joint Stock Company

80,000,000,000

 

Total

500,000,000,000

HOSE

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