Thursday, 03/11/2011 17:47

NDN: Board Resolution on sale of Treasury stock

Danang Housing Investment Development JSC (HNX: NDN) announces the Board Resolution approved on sale of Treasury stock as follows:

- Number of current treasury shares: 500,000 shares

- Number of treasury shares to be disposed: 500,000 shares

- Purpose: Supplementing working capital

- Price: VND 10,000/share

- Subjects of the sale: Key members of the Company

- Time of transaction: From 01/11/2011 to 06/12/2011

- Authorized securities company: Da Nang Securities JSC

- Address: # 102 Nguyen Thi Minh Khai, Hai Chau district, Da Nang city

- Account number for transaction: 024C010099

General Manager is assigned to approve the list of key members of the Company, organize the distribution of treasury shares and complete relevant procedures.

HNX

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