The Board resolution dated November 12, 2021, the BOD of Sao Ta Foods Joint Stock Company approved the plan for share private placement with details as follows:
- Offering price: VND50,000/share
- Offering volume: 6,538,889 shares
- Plan for using capital from the offering: Total proceeds from the offering (estimated) of VND229.9 billion will be used the following purposes:
No.
Content
Estimated Amount (VND)
1
To buy shrimp feed
225 billion dongs
2
Other expensive
4.9 billion dongs
Total
229.9 billion dongs
- Loan restructuring.