HVG: Announcement of new ESOP

Hung Vuong Corporation (HV CORP) has announced that it will issue new shares to its employees according to the Employee Stock Ownership Plan (ESOP) as follows:

1.       Stock: Stock of Hung Vuong Corporation

2.       Stock type: common stock

3.       Par value: VND10,000/share

4.       Total number of shares: 79,197,669 shares

5.       Number of outstanding shares: 79,197,669 shares

6.       Number of treasury shares: none

7.       Number of shares estimated to be issued: 1,203,497 shares

8.       Total issue par value: VND12,034,970,000

9.       Issue ratio: 0.52% (Number of shares estimated to be issued / Number of outstanding shares)

10.   Transfer restriction: these ESOP shares are transferable.

11.   Time of implementation: from July 19, 2013 to August 09, 2013.

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