Yeah1 Group Corporation (YEG) updates the progress of capital usage from the private placement as follows:
Unit: million dongs
No.
The approved plan
The estimated amount according to the plan dated 05/08/2019
The amount disbursed until 08/20/2019
(audited)
The amount disbursed until 10/24/2019
(not audited)
% disbursement
Remaining amount
1
To invest in digital field and related fields
635,860
311,121
584,552
91.93
51,307
2
To invest in commercial communication and raise the capital contribution in subsidiaries
99,190
16,740
36,740
37.04
62,450
3
To supplement capital
192,078
127, 1 17
135,596
70.59
56,482
4
Fee of the private placement of shares
25,872
100.00
-
5
Share buyback
220,000
141,713
141,7 13
64.41
78,287
Total
1,173,000
622,563
924,473
78.81
248,526
Until October 24, 2019, the remaining proceeds from the private placement are 248,527 million dongs. The Board of Directors decided to adjust the purposes of capital usage as follows:
Purpose
Amount
64,960
128,600
54,967
248,527