On December 14, the Board of Directors of Phuc Hung Holdings Construction JSC approved the change of the use of capital from the stock issue for capital increase, as follows:
- To transfer VND56 billion from the plan for “Buying the shares of Dien Bien Investment Resources and Energy Joint Stock Company” to “Increasing the Company’s working capital and paying debts”.
- To pay 03 bank loan contracts among 34 expected contracts with an amount of VND69,019,000,000.
- To supplement 05 loan contracts with the total value of VND10,981,000,000.
- To supplement the plan for the use of capital with an expected increase of VND15,533,894,665 for increasing the Company’s working capital and paying debts.