C32: Board resolution on raising the holding ratio in MDG

Construction Investment Corporation 3-2 (HOSE: C32) announces Board Resolution No.02 dated January 31, 2018 as follows:

The Board of Directors approved the policy on purchasing shares and increasing the holding ratio in Mien Dong Joint – Stock Company (HOSE: MDG):

-          Number of MDG outstanding shares: 10,324,781 shares

-          Par value: VND10,000/share

-          Stock type: common stock

-          Number of MDG shares owned by C32 at present: 2,572,150 shares (24.9% of MDG outstanding shares) 

-          Number of MDG shares expected to purchase: 2,488,000 shares (24.1%)

-          Number of MDG shares owned by C32 after trading: 5,060,150 shares (49% of MDG outstanding shares) 

-          Purpose: to become a joint venture of Mien Dong Joint – Stock Company.

-          Buying price: market price

-          Trading period: from 30 days to 60 days. 

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