Thien Long Group Corporation (TLG) announces the use of capital from private placement as follows:  

I. Result of private placement:

−      Name of stock: Thien Long Group Corporation

−      Stock code: TLG

−      Stock type: common stock

−      Par value: 10,000 dongs/share

−      Offering volume: 85,000 shares

−      Number of shares for offering: 5,000,000 shares

−      Total proceeds: VND425,000,000,000

−      Issue expense: VND10,336,380,700

−      Total net proceeds: VND414,663,619,300

−      Beginning date of private placement: January 25, 2019

−      Ending date of private placement: March 05, 2019

II. Report on the use of capital from the private placement:

Report on the use of capital until February 29, 2020:

−      To invest in machinery and equipment: VND16,446,609,690

−      To increase the working capital: VND174,663,619,300

_       Total payment: VND191,110,228,990.