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FCN: Board resolution on a private placement of shares
HOSE - 9/10/2021 5:24:00 PM
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On September 06, 2021, the Board of Directors of FECON Corporation approved to implement the plan for issuing shares as follows:

-          Stock: Stock of FECON Corporation

-          Stock type: common stock

-          Par value: VND10,000/share

-          Issue method: private placement

-          Estimated issue volume: 32,000,000 shares

-          Total issue value: VND320,000,000,000

-          Issue price: VND13,000/share

-          Issue time: in 2021, after receiving the approval by the State Securities Commission.

-          Purpose of private placement:

  • Estimated proceeds from the private placement: VND416,000,000,000.

No.

Purpose

Estimated amount

1

To raise the working capital

216,000,000,000

2

To pay debts

200,000,000,000

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