VMD: Changes the offering price for 2nd private placement

Vimedimex Medi – Pharma Joint Stock Company announces the Board resolution dated April 11, 2017 as follows:

The Board of Directors approved the adjustment to the offering price for the second private placement according to the book value in the audited financial statements for first six months of 2016:

-          Offering volume: 3,500,000 shares

-          Offering price: 23,538 dongs/share (Book value on 06/30/2016: 23,536 dongs/share)

-          Total offering value: 82,383,000,000 billion dongs

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