De Tam Joint Stock Company announces the change of the use of capital from the 2016 private placement as follows:
I. Information on the private placement:
- Stock code: DTA
- Par value: VND10,000/share
- Estimated offering volume: 6,000,000 shares
- Real offering volume: 5,000,000 shares
- Total mobilized capital: VND50 billion
- Beginning date of private placement: June 30, 2016
- Ending date of private placement: November 16, 2016
II. Plan for the use of capital:
1. According to the report on private placement result, the Company announced the plan for the proceeds of VND50 billion mobilized from the private placement as follows:
- Project “Ha Noi Eco Garden House” – Phase 1: VND39,802,560,000
- To raise the working capital: VND10,197,440,000.
2. Change of plan: The Company will use VND39,802,560,000 to raise the working capital to invest in projects in Nhon Trach, Vship project.