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TLG: Board Resolution _ Dec 31, 2015 On August 20, 2015, the Board of Directors of Thien Long Group Corporation approved the policy on seeking shareholders’ writing approval for issue new shares to raise its charter capital using owners’ equity:
1) Name of stock: Stock of Thien Long Group Corporation
2) Number of outstanding shares before the issuance: 29,471,464 shares
3) Stock type: common stock
4) Stock code: TLG
5) Par value: VND10,000/share
6) Number of shares estimated to be issued: 8,841,439 shares
7) Total issue value: VND88,414,390,000
8) Issue ratio (Expected issue volume/Total volume): 30%
9) Financial resource: the 2015 undistributed after-tax profit.
10) Exercise ratio: 10:3
(The one who owns 10 shares at the record date will receive 03 new shares.)
11) Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled.
12) Estimated issue date: Quarter 1, 2016 HOSE
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