AAM: Resolution on share buyback
Mekong Fisheries Joint Stock Company (HoSE: AAM) announced the resolution of the Board of Directors dated September 27, 2010 on share buyback as follows:
Article 1: Approving the share buyback:
* Stock symbol: AAM
* Par value: VND10,000
* Number of treasury shares before trading: 0 share
* Number of shares registered to repurchase: 1,100,000 shares (9.70% of total outstanding shares)
* Purpose: To stabilize the AAM price on the market.
* Financial resource: Capital surplus until June 30, 2010.
* Trading period: In 90 days from October 15, 2010.
* Trading method: Order-matching and put-through
* Principle of valuation: According to market price.
* The securities company authorized to buy shares: Vietcombank Securities Company Ltd. – Can Tho Branch.
+ Address: 02 Hoa Binh, Ninh Kieu, Can Tho.
+ Tel: 0710 3750888
+ Account: 009C039899
Article 2: Members of the Board of Directors, the Directorate and relating departments are responsible for implementing this resolution.
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