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.
-
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 the finish date.
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Distribution time: after the State Securities Commission approves the offering, the Board
of Directors will carry out the distribution.
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Registration time to buy:
+
Time to register to buy: before quarter 2/2012.
+
Payment method: cash or transfer.
+
Transfer of stock: after inventors
complete payment.
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The stocks which
were not sold out will be distributed by the Board of Directors with an offering
price which is not lower than the minimum price above.
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Plan for using the
proceeds of the share offering:
+
Total proceeds from the share offering of VND60 billion
will be invested in storage system at Sa Det 2 factory, Silos
system, materials store of Lai Vung factory and to raise capital.
+
Charter capital after offering:
VND210,255,090,000.
Article 2: The meeting approved the additional listing of the new shares:
-
All shares in the
private placement will be additionally listed on HOSE and additionally deposited
on Viet Nam Securities Depository.
Article 3: The meeting authorized the
Board of director to implement the private placement.
