Tuesday, 23/08/2011 21:05

MAX: Notice of transaction of principal shareholder

Huu Nghi Vinh Sinh Mining and Mechanic JSC (HNX: MAX) announce its principal shareholder transaction notice as follows:

- Name of issuer: Huu Nghi Vinh Sinh Mining and Mechanic JSC

- Stock code: MAX

- Securities type: Common stock

- Name of principal shareholder: Hung Vuong Development Ltd

- Number of shares held by principal shareholder before transaction: 1,080,000 shares (Equaling 15% of outstanding shares)

- Nature of transaction: Negotiation and continuous order matching

- Number of shares to be disposed: 1,080,000 shares

- Number of shares to be acquired: 500,000 shares

- Purpose of transaction: Restructuring portfolio

- Expected Start date of transaction: 23/08/2011

- Expected End date of transaction: 16/09/2011.

HNX

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