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VHC: Correction to the Board Resolution on Dividend 2014 On October 28, 2014, the Board of Directors issued a resolution to approve a plan for stock dividend payment. According to the plan, the financial resource to issue new shares is the undistributed profit on June 30, 2014. However, according to the resolution of 2014 annual general meeting of shareholders dated May 14, 2014, the financial resource to issue new shares is the undistributed profit on December 31, 2013.
Therefore, Vinh
Hoan Corporation would like to re-announce the plan for stock dividend payment
with the correction to the financial resource as follows: Article 1: According to the resolution of
annual general meeting 2014, after discussing and voting, the Board of
Directors approved a plan for paying stock dividend for 2014 as follows: - Number of shares expected to be issued: 30,801,351 shares - Total issue value: VND308,013,510,000 - Issue ratio: 50% (Each shareholder owning 02 shares will receive 01
new share) - Financial resource: undistributed after-tax profit on December 31,
2013 - Time of implementation: within 45 days after the State Securities
Commission receives enough documents for the issue and before December 31,
2014. - Plan to deal with fractional shares: the distributed shares will be
rounded down, and the fractional shares will be cancelled.
Article 2: This
resolution shall take effect from the date of signing.
HOSE
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