DIG: Adjusting the contents of stock issuance to existing shareholders
24/02/2023
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The Board resolution dated February 23, 2023, the BOD of Development Investment Construction Joint Stock Corporation approved the following issues: The adjustment of stock issuance plan: - The rights will be transferred only once. - Time of implementation: expected in Quarter 2/2023 or Quarter 3/2023, after being approved by the State Securities Commission of Vietnam (SSC). 2. The adjustment of plan for using capital from the issuance: Total proceeds from the expected issuance of VND1,500,000,000,000 will be used the following purposes: Content Expected amount (VND) Expected disbursement time To pay compensation and site clearance cost 1,000,000,000,000 2023-2024 To pay the land use fee 200,000,000,000 2023-2024 To pay construction cost 300,000,000,000 2023-2024 Total 1,500,000,000,000