PPG: Explanation for 5 consecutive ceiling-hitting sessions.

On 7/05/2010, Phu Phong Corporation explained the stock ceiling hitting for 5 consecutive sessions from 27/04/2010 to 05/05/2010 as follows:

- Operating results of the company in Quarter I/ 2010 is optimistic, achived 72% of planned profit for 2010.

- On 29/4/2010, the company has carried out the AGM 2010 to report on the operating results of 2009, operating plan, investment plan and dividend payment plan increased 2% compared to the annual plan.

- The company has approved the seasoned issue plan to increase charter capital from VND 40 bil to VND 80 bil, moving the listing from HNX to HOSE, investment in production project products processing in Binh Duong province. 

hnx

>   HPS: Results of General Meeting of Shareholders 2010 (17/05/2010)

>   PPG: Notice of transaction of Directors, PDMR (Mr. Quyen) (17/05/2010)

>   NST: Results of Annual General Meeting of Shareholders 2010 (17/05/2010)

>   SDT: Explanation for the change of over 5% in operating result in QI- 2010 (17/05/2010)

>   GLT: Result of transaction of principal shareholder (17/05/2010)

>   SCJ: Result of transactions of Directors, PDMR (Mr. Hoan) (17/05/2010)

>   DZM: Result of transactions of Directors, PDMR (17/05/2010)

>   QTC: Notice of record date for Dividend payment (17/05/2010)

>   HHL: Notice of record date for Annual General Meeting of Shareholders (17/05/2010)

>   PMS: Notice of record date for Dividend payment (17/05/2010)