VNI: The BOD’s resolution of buying back shares

Vietnam Land Investment Corporation (VINALAND INVEST CORP.) has announced the BOD’s resolution of buying back shares as follows:

Article 1: A plan of buying back shares:

* Stock symbol: VNI

* Par value: VND10,000

* Total owning volume before trading: 100,130 shares

* Volume registered to buy: 100,000 shares

* Purpose: Buying back shares

* Capital: capital surplus and the 2009 remaining profit

* Expected trading time: From July 15, 2010 to October 15, 2010

* Trading method: Put through and/or order matching

* Price definition: The market price and average price is not higher the VND26,500 / share

* Securities firm authorized to trade the shares: VPBank Securities Company Limited – HCMC. Branch – 129 Nguyen Chi Thanh St., Ward 9, Dist. 5, HCMC.

Article 2: The license is valid as from July 07, 2010.

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>   SAM: Notice of selling treasury stock (14/07/2010)

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