Duc Long Gia Lai Group Joint Stock Company reported the use of capital from the private placement of bonds as follows:
I. Information on the private placement of bonds
- Par value: VND100,000/bond
- Number of bonds issued: 5,000,000 bonds
- Total mobilized capital: VND500 billion
- Bond form: book-entry
- Buyer: Thang Long Fund Management Joint Stock Company
- Issue date: April 10, 2015
- Maturity date: April 10, 2017
- Transfer restriction: in 01 year from April 10, 2015 to April 10, 2016
- Conversion date: May 27, 2016
II. Plan for the use of capital
1. Plan for the use of capital approved by the 2014 Extraordinary General Meeting:
|
No.
|
Project
|
Amount
(VND)
|
|
1
|
Cow breeding project
|
300,000,000,000
|
|
2
|
Hydroelectric and energy project
|
150,000,000,000
|
|
3
|
Raising the working capital
|
50,000,000,000
|
|
|
Total
|
500,000,000,000
|
2. Current project progress:
|
No.
|
Project
|
Mobilized amount
(VND)
|
Disbursed amount
(VND)
|
Remaining amount
(VND)
|
Reason
|
|
1
|
Cow breeding project
|
300,000,000,000
|
177,716,686,733
|
122,283,313,267
|
Ongoing projects
|
|
2
|
Hydroelectric and energy project
|
150,000,000,000
|
150,000,000,000
|
0
|
-
|
|
3
|
Raising the working capital
|
50,000,000,000
|
50,000,000,000
|
0
|
-
|
|
|
Total
|
500,000,000,000
|
377,716,686,733
|
122,283,313,267
|
|
3. Changes:
The Company decided to use the remaining amount of VND122,283,313,267 to supplement the Company’s working capital.