BAF: Adjustment of the plan for using capital from the bond offering
The Board resolution dated February 08, 2023, the BOD of BAF Viet Nam Agriculture Joint Stock Company approved the change of the plan to use capital from the first bond offering in 2022 as follows: Report on using capital from the offering: - Total proceeds from the offering according to the plan to use initial capital: 270,719,142 dongs. - Unused remaining amount: 29,280,857,897 dongs Unit: VND No Content Amount according to the issuance plan Used amount Remaining amount 1 To pay the cost of purchasing goods 225,000,000,000 225,000,000,000 - 2 Farm rental costs 25,000,000,000 24,833,151,778 166,848,222 3 Raw materials costs 30,000,000,000 13,154,340,800 16,845,659,200 4 Cost of buying veterinary drugs 10,000,000,000 7,731,649,525 2,268,350,475 5 Other costs 10,000,000,000 0 10,000,000,000 Total 300,000,000,000 270,719,142,103 29,280,857,897 2. Change of plan to use capital from the offering: the remaining amount from the offering will be expected to use the following purposes: No Content Amount (VND) Estimated disbursement time 1 Buy feed for the pig farm system signed between BAF and BAF Tay Ninh 29,280,857,897 Quarter 1/2023 Total 29,280,857,897 3. Approved the holding to collect bondholders’ written opinions: - Record date: February 22, 2023 - Exercise ratio: 01 bond – 01 voting share - Location: 36 Hoang Cau, Dong Da district, Hanoi. - Content: approve the plan for change of using capital from the first bond offering in 2022.