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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:
Estimated Amount (VND)
To buy shrimp feed
225 billion dongs
4.9 billion dongs
229.9 billion dongs
- Loan restructuring.
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