CMC Corporation announces the adjustment of the use of proceeds from the private placement of VND300 billion bonds as follows:

-       The issuer will use VND100 billion from the private placement to finance the issuer’s business operations and raise capital to the wholly-owned limited companies as follows:

• The issuer will contribute an additional amount of VND40 billion to CMC Technology and Solutions Co., Ltd.; and
• The issuer will contribute an additional amount of VND60 billion to CMC Global Co., Ltd. Of which, the bond capital will be used to refund a part of contributed capital and the capital expected to be invested in 2019.