On September 25, 2021, Tien Son Thanh Hoa Joint Stock Company announces the Resolution of General Meeting of Shareholders in form of collecting shareholders’ opinions in writing with details as follows:
1) Approving to supplement the content of the share issuance plan to raise its charter capital: the share issuance plan to meet the requirements of foreign investor ratio
2) Approving to adjust the contents of the share issuance plan to raise its charter capital
- Issuance price: VND10,000/share
- How to deal with unsold shares: the unsold shares will be decided by the Board of Directors to distribute to other investors with the selling price is not less than the issuance price.
- Total proceeds from the issuance of VND250,000,000,000 (estimated) will be used the following purposes:
No.
Content
Amount (VND)
Using time
1
To expand Son Ha Export Garment Factory in the phase 2
20,000,000,000
2021 - 2022
2
To build more Quy Loc Export Garment Factory
90,000,000,000
3
To pay off bank loans
110,000,000,000
4
To pay off Suppliers
20,500,000,000
2021 – 2022
5
To buy sewing machinery and equipment for production.
9,500,000,000