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HNG: Board resolution on the public offering of bonds

Hoang Anh Gia Lai Agricultural Joint Stock Company announces the Board resolution dated May 06, 2018 as follows:

Article 1: The Board of Directors approved the documents of public offering of bonds.

Article 2: The plan for the use of proceeds from public offering:

-          Expected mobilized capital: VND2,217,100,000,000.

-          Plan for the use of proceeds:

  • To plant new fruit trees: VND1,137,000,000,000.
  • To restructure finance: VND1,080,100,000,000.

Until 31/03/2018, the Company has the following liabilities:

Unit: VND thousand

No.

Liabilities

Balance at 31/03/2018

1

Short-term liabilities

1,008,780,729

2

Long-term liabilities

12,417,155,909

 

Total

13,425,936,638

HOSE

 

 

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HNG: Board resolution on the public offering of bonds

Hoang Anh Gia Lai Agricultural Joint Stock Company announces the Board resolution dated May 06, 2018 as follows:

Article 1: The Board of Directors approved the documents of public offering of bonds.

Article 2: The plan for the use of proceeds from public offering:

-          Expected mobilized capital: VND2,217,100,000,000.

-          Plan for the use of proceeds:

  • To plant new fruit trees: VND1,137,000,000,000.
  • To restructure finance: VND1,080,100,000,000.

Until 31/03/2018, the Company has the following liabilities:

Unit: VND thousand

No.

Liabilities

Balance at 31/03/2018

1

Short-term liabilities

1,008,780,729

2

Long-term liabilities

12,417,155,909

 

Total

13,425,936,638

HOSE

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