CEO Group details capital utilization from share offering

CEO Group Joint Stock Company, headquartered in Hanoi, reported on the utilization of funds from its share offering, which concluded on September 26, 2023. The company successfully raised a total of VND 2,573,387,750,000. As of September 26, 2025, VND 1,931,047,585,392 of the total raised capital has been disbursed, leaving VND 642,340,164,608 yet to be utilized.

Key investments include VND 317,660,835,392 allocated to the Sonasea Residences high-end villa project, against a planned VND 800,000,000,000. All planned VND 1,000,000,000,000 was invested into Van Don Tourism Development and Investment Joint Stock Company and VND 200,000,000,000 into CEO International Co., Ltd. Additionally, VND 39,999,000,000 has been deployed for Nha Trang Tourism Development and Investment Joint Stock Company, out of a planned VND 200,000,000,000.

The report also noted full utilization of VND 245,000,000,000 for contributing capital to establish CEO Industrial Park Development Joint Stock Company, and VND 51,000,000,000 for CEO Construction Joint Stock Company. Furthermore, VND 77,387,750,000 was allocated to supplement working capital for business operations. This progress aligns with the adjusted plan approved by the board of directors on June 3, 2025.