Development Investment Construction Joint Stock Corporation reports the use of capital from the offering of shares to existing shareholders in 2019 as follows:
I. Result of private placement:
- Stock name: Stock of Development Investment Construction Joint Stock Corporation
- Stock code: DIG
- Stock type: common stock
- Par value: VND10,000/share
- Offering volume: 47,463,661 shares
- Total proceeds: VND617,027,593,000
- Total expenses: VND344,255,000
- Total net proceeds: VND616,683,338,000
- Beginning date of the offering of shares: March 08, 2019
- Ending date of the offering of shares: April 11, 2019
II. Plan for the use of capital from private placement:
- Plan for the use of capital: to invest in Long Tan Tourist Urban Area Project in Nhon Trach district, Dong Nai province.
- Progress of capital use:
- Total disbursed amount until October 10, 2019: VND185,847,101,699.
- Purpose: to pay expenses to prepare the project, compensation for clearance.
- Remaining amount until the date of report: VND430,836,236,301.