Century Synthetic Fiber Corporation (STK) has announced the change of the purpose of use of capital from the offering as follows:
1. Information on the public offering:
- Stock name: Century Synthetic Fiber Corporation
- Stock type: common share
- Par value: VND10,000
- Offering volume: 6,593,780 shares
- Total mobilized capital: VND65,937,800,000
- Beginning date: February 12, 2019
- Ending date: March 28, 2019
2. Plan for the use of initial capital: Total proceeds from the offering will be used for Trang Bang 5 project.
3. Plan for use of capital after adjusting: to supplement its working capital.