TNG discloses audited capital use from 2025 ESOP
TNG Investment and Trading Joint Company announced the audited report on the use of capital from its 2025 Employee Stock Ownership Plan (ESOP). The report covers the period from September 19, 2025, to November 5, 2025. The company successfully issued 6,130,060 common shares at a price of VND 10,000 per share, raising a total of VND 61,300,600,000. This issuance represents 5% of the total outstanding shares and was distributed to 368 employees.
The entirety of the capital raised, VND 61,300,600,000, was allocated to supplement working capital for production and business activities, specifically for payments to raw material suppliers. As of November 5, 2025, the full amount had been disbursed, leaving no remaining capital from the ESOP proceeds.
Payments were made to a total of 22 suppliers, with the largest disbursements including VND 12,873,983,424 to CTCP YKK Viet Nam and VND 6,390,715,399 to CTCP Det Tran Hiep Thanh. Additionally, VND 80,414 was utilized from interest income on the deposited funds. The report confirms adherence to relevant government decrees regarding securities and capital utilization.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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