AAV Group adjusts capital allocation for working capital needs
AAV Group Joint Stock Company (AAV Group) has adjusted the capital structure for funds raised through its 2021 private placement. This decision, formalized by the board of directors on December 17, 2025, primarily involves reallocating 22 bn VND from the "Investment in Eastern Tran Hung Dao Residential Area Project" to "Working Capital Supplement."
The adjustment aims to align capital allocation with the company's actual business production and operational needs, enhancing the overall efficiency of capital utilization without altering the original objectives, scope, or total investment amount approved by shareholders. This specific reallocation is from Item 2 to Item 4 within the previously approved capital usage plans.
Following this adjustment, the revised capital allocation for "Working Capital Supplement" (Item 4) will now total 40 bn VND. This amount is planned for deployment across various periods, including 1.78 bn VND in Q4/2021-Q2/2022, 13.63 bn VND in Q1-Q3/2025, and 2.59 bn VND in Q4/2025-Q1/2026. The total projected capital raised from the issuance is 366 bn VND.
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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