Tan Phu Viet Nam adjusts capital use plan for offering proceeds

Tan Phu Viet Nam Joint Stock Company's Board of Directors approved a resolution modifying the capital utilization plan from its 2025 public share offering. The company collected a total of VND 178,861,720,000 from the offering, after deducting transfer fees. This adjustment reflects the actual capital needs and outstanding debt at the time of the capital increase.

The revised plan reallocates funds primarily for debt repayment. Repayments include VND 52,959,178,950 to BIDV, VND 28,342,929,134 to Vietinbank, VND 35,410,074,416 to Vietcombank, and VND 2,149,537,500 to TPBank. Additionally, the company will inject VND 60,000,000,000 into DNP Production and Trading JSC as a capital contribution. These repayments and capital contribution are scheduled for Q4/2025 – Q1/2026.

This resolution supersedes previous capital allocation details outlined in Resolution No. 11/NQ-HĐQT dated September 8, 2025, while other provisions of the earlier resolution remain in effect.