De Tam Joint Stock Company reports the use of capital from stock issuance to raise its charter capital from VND150 billion to VND172 billion as follows:
1. The plan for the use of capital adopted by the 2018 Annual General Meeting:
Purpose
Plan
(VND)
To invest in Nhon Trach Dong Nai Low-income Housing Project
22,000,000,000
Total
2. Progress report:
- Total mobilized capital from the stock issuance: VND22,000,000,000.
No.
Reality
1
To invest in Nhon Trach Dong Nai Low-income Housing Project – Phase 1 (from 08/10/2018 to 02/28/2019)
9,000,000,000
9,435,681,895
2
To increase the working capital for Nhon Trach Dong Nai Low-income Housing Project – Final Phase (from 02/28/2019 to 10/15/2019)
13,000,000,000
12,564,318,105
Therefore, until the date of the report, the Company used the entire proceeds from stock issuance to raise its charter capital from VND150 billion to VND172 billion.