HAGL Joint Stock Company announces the board resolution dated November 19, 2012:
Article 1: The Board of Directors of HAGL Joint Stock
Company unanimously approved that HAGL will ask shareholders’ opinions by ballots
about a private placement as follows:
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Number of shares expected to be issued: 68,000,000 shares
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Issue price (before dilution): VND23,000
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Total issue value: VND1,564,000,000,000.
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Purpose: to convert international bonds with total par value
of US$75 million, which HAGL issued on May 20, 2011.
Article 2: The Board of Directors unanimously
approved that HAGL will ask shareholders’ opinions by ballots about an
additional issue to the existing shareholders:
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Number of shares expected to be issued: 107,474,210 shares
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Exercise ratio: 5:1
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Issue price: VND10,000/share
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Total issue value: VND1,074,742,100,000.
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Purpose: to invest in rubber projects, sugar projects and
raise the group’s working capital.
Article 3: The Board of Directors unanimously
allowed the Hoang Anh Gia Lai Rubber Joint Stock Company to issue VND2,000
billion bonds with rights to buy shares of Hoang Anh Gia Lai Rubber Joint Stock
Company.
