The Board resolution dated February 23, 2023, the BOD of Development Investment Construction Joint Stock Corporation approved the following issues:
- The rights will be transferred only once.
- Time of implementation: expected in Quarter 2/2023 or Quarter 3/2023, after being approved by the State Securities Commission of Vietnam (SSC).
2. The adjustment of plan for using capital from the issuance:
Total proceeds from the expected issuance of VND1,500,000,000,000 will be used the following purposes:
Content
Expected amount (VND)
Expected disbursement time
To pay compensation and site clearance cost
1,000,000,000,000
2023-2024
To pay the land use fee
200,000,000,000
To pay construction cost
300,000,000,000
Total
1,500,000,000,000