Friday, 04/04/2008 18:34

REE: Result of issuing convertible preference shares

Refrigeration Electrical Engineering Corporation (REE) has reported result of issuing convertible preference shares as follows

Stock symbol: REE

Stock type: convertible preference shares

Par value: VND10,000

Total issuing volume for the forth time 2007: 375,181 shares (the first issuance in 2004, the second issuance in 2005, the third issuance in 2006)

Issuing date: January 22nd 2008

Reported date in shareholders’ meeting: March 29th 2008

Total volume of convertible preference shares from 2004 to the reported date: 629,785 shares

In which:

+Annual bonus shares: 544,936 shares

+Dividend payment in stock in May 2007: 84,849 shares

+Time of converting into common stock: 2009

+Convertible rate: 1 preference share converted into 1 common share

HoSE

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