Viet Thang Feed Joint Stock Company announced the resolution of the shareholders' meeting after consulting shareholders in writing dated June 14, 2012:
Article 1: The meeting approved plan for the private placement:
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Stock type: common stock.
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Par value: VND10,000/share.
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Offer volume:
3,000,000 shares.
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Offer method:
the
private placement.
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Objects of the offering: large investors, strategic partners.
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Offering price: expected minimum 20,000dongs/share.
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Transfer principle: Shares are restricted from transfer
within 01 years from complete the offering date.
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Distribution method: foreground time registered to buy.
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Distribution
date: after State Securities Commission
approving, the Board of director will carry out.
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Registered to buy:
+
Time registered to buy: before quarter 2/2012.
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Payment method: cash and transfer.
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Transfer of stock: after inventors full payment.
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The stocks were not
sold out: The stocks were not sold out will be distributed by the Board of
director with offering price is not lower than minimum price.
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Plan for using the
proceeds of the share offering:
+
Total proceeds from the share offering was VND60 billion which was invested
in storage system at Sa Det 2 factory, Silos system, materials reserve inventory
of Lai Vung factory and additional charter capital.
+
Charter capital after offering: VND210,255,090,000.
Article 2: The meeting approved additional listing for the private
placement:
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All shares in the
private placement will be additional listed on HOSE and additional deposited on
Viet Nam Securities Depository.
Article 3: The meeting authorized the Board of director to realize plan for the private placement.
