LGC: The BOD’s resolution of delisting LGC shares

Lu Gia Mechanical Electric Joint Stock Company (LUGIACO) discloses the BOD’s resolution of delisting shares as follows:

Article 1: Approving of submitting this matter to the shareholder meeting, SSC and HOSE to ask LGC shares delisted on HOSE.

Article 2: The shareholders who keep little shares can choose 01 in 03 options when LGC shares delisted on HOSE:

-         LGC will buy back 10% LGC shares with price equal to closing price at 31 Dec. 2013 (12,800 dongs / share).

-         Shareholders can transfer the LGC shares to CII E&C shares with price at 12,800 dongs / share or another price negotiated between 02 parts.

-         If shareholders don’t want to change this, they can keep these shares.

Article 3: Approving of buying back 10% shares to treasury shares with the price not over 12,800 dongs / share.

Article 4: The resolution is effective as of 06 Jan. 2014.

HOSE

>   HCM: Decision on additional listing (08/01/2014)

>   HCM: Decision on additional listing (07/01/2014)

>   TPP: First trading day of additional listed shares (07/01/2014)

>   Ninh Binh Phosphate Fertilizer Joint Stock Company applies for listing (07/01/2014)

>   HT1: Announcement of listing and trading additional shares (07/01/2014)

>   HT1: Decision on additional listing (07/01/2014)

>   TTF: Announcement of listing and trading additional shares (06/01/2014)

>   BIDV: BIDV asked to complete the listing registration documents (06/01/2014)

>   Cat Lai Port JSC: Cat Lai Port JSC asked to complete the listing registration documents (06/01/2014)

>   REE: Resolution on depository and additional listing (02/01/2014)