Hoa Phat Group Joint Stock Company announces that it will collect shareholders’ opinions in writing about the adjustment of Hoa Phat Dung Quat Integrated Steel Complex – Expansion Phase at Dung Quat Economic Zone, Quang Ngai province (hereinafter called “the Project”), as follows:
− Project target: 5 million tons of steel
− Floor area: about 166 hectares
− Total estimated investment: VND60,000 billion, of which:
No.
Item
Unit
Sum
(estimated)
1
Total investment
billion dongs
60,000
Fixed capital
50,000
Of which: equipment and machinery
32,000
Capital construction
15,000
Other expense
3,000
Working capital
10,000
2
Ratio of Owner’s equity to Fixed capital
60%