Hung Vuong Corporation announced a resolution of the Board of Directors date July 12, 2012 as follows:
Article 1: The Board of Directors approved to issue
bonus shares to the existing shareholders.
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Chapter capital: VND659,980,730,000
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Total shares: 65,998,073 shares
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Objects: the shareholders are in the list recorded
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Exercise ratio: 100:20 (a shareholder owning 1 share will
get 01 right and 100 rights will get 20 bonus shares). The distributed shares
will be rounded down. The fractional shares will be canceled.
For
example, if shareholder A owns 201 shares at the record date, he will receive:
201x20/100 = 40.2 shares. However, because of rounding down, he will receive
only 40 new shares.
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Issue volume: expected 13,199,614 shares
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Finance resource: 100% of capital surplus ( at December 31, 2011)
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Rights to buy shares are not transferred
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New shares are transferred
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Distributed time: after Securities
Commission of State permits
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Expected chapter capital after issuing: VND791,976,870,000
Article 2: The Board of Directors approved to list additional
shares
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Volume: 13,199,615 shares
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Listing time: after the results of the issue
Article 3: This resolution takes effect from July 12,
2012.
