HNG: Board resolution on the public offering of bonds
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 |
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