Thanh Thanh Cong Tourist Joint Stock Company has reported the result of private placement as follows:
- I. Information on the private placement
- Stock name: Stock of Thanh Thanh Cong Tourist Joint Stock Company
- Stock type: common stock
- Par value: VND10,000/share
- Offering volume: 8,962,203 shares
- Total estimated increasing capital: VND89,622,030,000
- Offering time: from July 05, 2019 to July 24, 2019
- Finish date: July 24, 2019
- II. Result of private placement:
- Distributed volume: 8,962,203 shares (100% of the offering volume)
- Selling price: VND19,350/share (based on Stock VNG on the conversion date (July 24, 2019))
- Total proceeds from the offering: Thanh Thanh Cong Tourist Joint Stock Company issued shares in order to swap the entire outstanding shares of Thanh Thanh Cong Lam Dong Tourist Joint Stock Company that have not been owned by Thanh Thanh Cong Tourist Joint Stock Company (9,958,042 shares) according to the merger contract signed between by the two sides.
- Total expenses:
- Evaluation fee: VND275,000,000
- Consulting fee: VND200,000,000
Net proceeds: -VND475,000,000.