Foreign Trade Development and Investment Corporation of Ho Chi Minh City reports the progress of using capital from the public offering with details as follows:
I. Information on stock issuance:
- Stock name: Foreign Trade Development and Investment Corporation of Ho Chi Minh City
- Stock type: common share
- Par value: 10,000 dongs
- Issued volume: 6,371,602 shares
- Total mobilized proceeds: VND122,122,370,000
- Beginning date: August 14, 2013
- Ending date: September 18, 2013
II. Plan for using capital from the offering:
- The progress of using capital according to the prospectus:
Total proceeds from the public offering will be used the following purposes:
|
No.
|
Content
|
Amount (VND)
|
|
1
|
To invest in Tan Duc Industrial zone project
|
62,122,370,000
|
|
2
|
To invest in Dong Binh Duong residential area and
|
60,000,000,000
|
|
|
Total
|
122,122,370,000
|
2. Current project progress:
- The Company has not continued to implement these projects due to the difficult real estate market and the company has divested from these projects.
3. Change, adjustment (if any):
The proceeds from the offering VND122,122,370,000 were invested in the office building project 28 Phung Khac Khoan, Da Kao ward, district 1, Ho Chi Minh city.