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EMC: BOD resolution dated January 16, 2023 The Board resolution dated January 16, 2023, the Board of Directors of ThuDuc Electro Mechanical Joint Stock Company approved the amendement, supplement of the plan for stock offering to raise its charter capital as follows:
- Exercise ratio: 100:66 (Those who own 01 share will receive 01 right, and with every 100 rights will be entitled to purchase 66 new shares)
- Time of implementation: expected in 2023, after being approved by the State Securities Commission of Vietnam (SSC).
- Plan for using capital from the offering: Total proceeds from the offering of VND100,962,390,000 will be used the following purposes:
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No.
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Content
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Estimated amount (VND)
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Estimated time
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1
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To upgrade MBA laboratory
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20,000,000,000
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2023
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2
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To upgrade drying oven
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10,000,000,000
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2023
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3
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To invest in wire wrapping
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8,000,000,000
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2023
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4
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To invest in assembly
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2,000,000,000
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2023
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5
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To supplement working capital
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60,962,390,000
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2023
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HOSE
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