Thien Long Group Corporation (TLG) announces the use of capital from public offering as follows:
1) Result of public offering:
− Name of stock: Thien Long Group Corporation
− Stock code: TLG
− Stock type: common stock
− Par value: 10,000 dongs/share
− Offering volume: 85,000 shares
− Number of shares for offering: 5,000,000 shares
− Number of shares sold: 5,000,000 shares
− Offering method: private placement
− Total proceeds: VND425,000,000,000
− Consulting expense: VND10,336,380,700
− Total net proceeds: VND414,663,619,300
− Issue date: in 2018 and finish on March 05, 2019
− Payment date: from the notice date to March 05, 2019
2) Report on the use of capital from the public offering:
Report on the use of capital until August 31, 2019:
− To invest in machinery and equipment: VND4,638,083,404
− To increase the working capital: VND124,663,619,300
- Total payment: VND129,301,702,704.