SHC: Extraordinary General Mandate

Sai Gon Maritime JSC (HNX: SHC) announced the Extraordinary General Mandate approved on 28/11/2011 as follows:

Plan on Private placement with strategic shareholders

- Securities type: Common stock

- Number of shares to be issued: 1,200,000 shares

- Par value: VND10,000/share

- Issue price: VND10,000/share

- Total par value to be issued: VND12,000,000,000

- Issue method: Private placement with strategic shareholders

- Strategic shareholder: Mr. Nguyen Xuan Phu, Chairman of Sunhouse Joint Stock Corporation

- Purpose of the issue: Supplement working capital, restructuring the capital of the Company

- Transfer restriction: within 01 year

- Expected issue date: After the approval of the State authority

- The BOD is assigned to carry out procedures relating to the issue

Restructuring the Company’s assets

Dismissing Mr. Le Phuc Tung from Director. Electing Mr. Nguyen Xuan Phu as the new Director, term 2011-2016

The BOD is assigned to adjust the Company’s Charter and Business Registration Certificate in line with issues approved.

HNX

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