According to the Board resolution dated October 20, 2020, the Board of Directors of Binh Thuan Agriculture Services JSC approved a plan for private placement of shares as follows:
- Issuer: Binh Thuan Agriculture Services JSC
- Stock type: common stock
- Par value: VND10,000/share
- Offering volume: 42,560,127 shares
- Issue value at par value: VND425,601,270,000
- Offering price: VND11,000/share
- Estimated offering value: VND468,161,397,000.
- Issue method: private placement
- Time of implementation: in Quarter IV of 2020 – Quarter I of 2021
- Plan for capital use:
|
No.
|
Purpose
|
Amount
(VND)
|
Time of disbursement
|
|
1
|
To raise the working capital
|
42,911,397,000
|
December 2020, Quarter I of 2021
|
|
2
|
To purchase shares of VCD River Bank Joint Stock Company
|
425,250,000,000
|
December 2020, Quarter I of 2021
|
|
|
Total
|
468,161,397,000
|
|