Power Construction Joint Stock Company (PC1) has announced the use of proceeds from the private placement as follows:  

              I. Result of public offering:

1. Name of stock: Power Construction Joint Stock Company
2. Stock code: PC1
3. Stock type: common stock
4. Par value: VND10,000/share
5. Offering volume: 11,480,718 shares
6. Total mobilized capital: VND378,793,694,000
7. Beginning date: September 06, 2016
8. Ending date: September 10, 2016

            II. Report on the use of capital from the public offering:

-       Total proceeds from the offering will be used for investing in Bao Lam 3 Hydropower project.

-       Total amount has disbursed for the project until the reporting time: VND378,793,694,000.

-       The remaining amount has not disbursed: 0 dongs

-       The final payment date of the disbursement period: August 21, 2018

-       Current project progress: Project progress has been fulfilled as planned. The project has finished and put into the generate electricity operation in December 2017.