On October 10, 2022, Military Insurance Corporation reports the progress of using capital from the public offering with details as follows:
I. Information on stock issuance:
- Stock name: Military Insurance Corporation
- Stock type: common share
- Par value: 10,000 dongs
- Offering volume: 46,000,000 shares
- Total mobilized proceeds: VND460,000,000,000
- Beginning date: February 19, 2019
- Ending date: March 22, 2019.
II. Plan for using capital from the offering:
- The progress of project announced as Prospectus:
No.
|
Content
|
Amount (VND)
|
1
|
To invest in development of core insurance system
|
200,000,000,000
|
2
|
To invest in increase capacity
|
190,000,000,000
|
3
|
Expanding and developing the network (local and abroad)
|
70,000,000,000
|
|