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Wednesday, January 15, 2025 6:35:33 AM - Markets closed
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 FLC: FLC adjusts the capital allocation
HSX - 4/17/2019 4:05:00 PM
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On April 12, 2019, FLC Group Joint Stock Company approved to adjust the plan for capital allocation from the public offering, which was adopted in Resolution No.01 dated June 12, 2018, as follows:
- Expected proceeds from public offering: VND2,996,190,740,000
- Plan for capital allocation: (i) invest in projects, (ii) invest in subsidiaries and (iii) increase the Company’s working capital.
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No.
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Purpose
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Amount
(VND)
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1
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Invest in the construction of FLC Quang Binh convention center, hotel, resort and villa project
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500,000,000,000
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2
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Invest in Urban Area Project in Ha Khanh ward, Ha Long city (Phase 1)
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600,000,000,000
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3
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Invest in FLC Quy Nhon Project
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400,000,000,000
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4
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Invest in International Hospital in Thai Binh province
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500,000,000,000
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5
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Increase the charter capital of Bamboo Airways from VND1,300 billion to VND2,000 billion
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700,000,000,000
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6
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Increase the working capital
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296,190,740,000
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Total
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2,996,190,740,000
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