TIX: BODs Resolution on issuance of shares to raise its charter capital

Based on the Decision No.01-NQ dated January 18, 2017, BODs of Tan Binh Import – Export Joint Stock Corporation approved the issuance of shares to raise its charter capital as follows:

Article 1: BODs approved plans for issuance of shares to raise its charter capital:

-        Stock name: Tan Binh Import – Export Joint Stock Corporation

-        Stock type:  common share

-        Par value:  10,000dongs/share

-        Number of shares issue: 2,400,000 shares (equivalent to VND24,000,000,000); in which:

+ Issuance of shares under ESOP:  1,200,000 shares

+ Issuance of shares to existing shareholders: 1,200,000 shares

-        Charter caipital after issuance of shares: VND264,000,000,000

-        Total proceeds from the issuance of shares: VND24,000,000,000

-        Time of implementation: in Q1.2017 & Q2.2017

-        Place of issuing consultant: Baoviet Securities Joint Stock Company (BVSC)

Article 2: BODs approved the issuance of shares under ESOP:

-        Number of shares issue:                                  1,200,000 shares

-        Total value of shares issue (on par value):      VND12,000,000,000

-        Exercise ratio:   5,00%                        

-        Issuing price: 20,000dongs/share

-        The new shares are freely transferable

-        Purpose: The issuance of shares to BODs, Board of Supervisory, Management, Union Chairman, Directors & Deputy Directors of Departments, CEO.

-        Time of implementation: Within 45 days from SSC received registration documents.

Article 3: BODs approved the issuance of shares to existing shareholders:

-        Number of shares before issue:   24,000,000 shares

-        Number of outstanding shares:    24,000,000 shares

-        Number of expected to be issued: 1,200,000 shares

-        Total value of expected to be issued (on par value): VND12,000,000,000

-        Exercise ratio: 5,00% (100:05) (At the record date, shareholder who owns 01 share will receive 01 right. Every 100 rights will be entitled to purchase 05 new shares.)

-        Issuing price: 20,000dongs/share

-        Purpose: the issuance of shares to existing shareholders

-        The new shares are freely transferable

-        Time of implementation: Within 90 days from SSC issued a certificate of public offering

-        The rights should be transferred only once

HOSE

>   TSC: TSC withdraws capital from TSC Agricultural Medicine JSC (19/01/2017)

>   HCM: Notice of issuance of shares under ESOP (20/01/2017)

>   LGL: Result of issuance of shares to raise capital from the owner’s equity (25/01/2017)

>   NT2: BODs Resolution on plans for issuance of shares under ESOP (25/01/2017)

>   RDP: Notice of issuance of shares to pay dividends (25/01/2017)

>   DAG: Result of share issue for capital increase (06/02/2017)

>   MSN: Result of share issue to raise capital from the owner’s equity (08/02/2017)

>   CCI: Report on the use of capital (08/02/2017)

>   DAG: Result of share issue for capital increase (09/02/2017)

>   BHS: The record date for a right offering and bonus issuance (16/02/2017)