FMC: Resolution on selling treasury stock

Sao Ta Foods Joint Stock Company announced the resolution of the Board of Directors on selling treasury stock as follows:

Article 1: Approved for sell treasury stock: 777,370 shares (par value: VND10,000 / share) at Ho Chi Minh Stock Exchange (HOSE).

-         Purpose: to take advantage of capital source  to make shrimp farming project

-         Price to sell: price market and Regulation by Ho Chi Minh Stock Exchange (HOSE) about the minimum price when trading of treasury shares, however price not less than VND 15,000/share.

-         Expected trading: expected from July 13, 2012 to October 11, 2012

-         Account: at THIEN VIET SECURITIES JOINT STOCK COMPANY (TVSC)

Article 2: Assigning the Board of Directors to implement the necessary procedures under the Law.  

Article 3: Members of the Board of Directors, the Board of Management, the Board of Supervisors and shareholders of Sao Ta Foods Joint Stock Company is responsible for the implementation of this resolution.

HOSE

>   PVE : Result of transactions of Directors, PDMR (Mr. Thang) (04/07/2012)

>   PPE: Result of transaction of connected person (Ms. Huong) (04/07/2012)

>   VNF: Connected institution fined for violation in securities and securities market (04/07/2012)

>   DNP: Holding of principal shareholder (03/07/2012)

>   DAD: Results of share repurchase for Treasury stock (03/07/2012)

>   DAD: Result of transaction of connected person (Ms.Huong) (03/07/2012)

>   ALT: Result of transactions of Directors, PDMR (La The Nhan) (03/07/2012)

>   SRF: Change in the ownership ratio of a major shareholder – Revised on June 28, 2012 (03/07/2012)

>   PRUBF1: Transaction of affiliated institution (03/07/2012)

>   HLA: Trading result of affiliated institution (03/07/2012)