FMC: Approved the plan for share private placement

   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.

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