On December 08, 2012, Viet Thang Feed Joint Stock Company has announced the EGM’s resolution as follows:
Article 1: Approving to transfer shares of Viet Thang Feed Joint Stock Company to other shareholders leading to a holding
of over 25% of outstanding shares without offering to buy as regulated.
Article 2: Approving the plan to issue new shares to existing shareholders:
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Stock type: common stock
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Par value: VND10,000/share
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Estimated offering volume: 10,512,754 shares
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Object: the
shareholders are in the list recorded
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Offering price: VND20,000/share
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Exercise ratio:
2:1 (a shareholder owning 02 share will buy 01 new share)
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Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional
shares will be canceled.
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Transfer restriction: the new shares will be restricted. The
new shares can be transferred only
once. The new shares are transferred only once at the price agreed by 2
partners and not done again to the third one.
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Plan to use the proceeds from the offering: Total proceeds
will be used to raise the Company’s working capital to improve its finance
capacity.
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Time to register to buy shares: after AGM and State securities commission approve
Article 3: Additional listing
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Offering shares will be additional listed on HOSE and additional deposited on Vietnam securities depository.
Article 4: EGM authorized the Board of Director to
implement the necessary procedures
