GEX: Decision on selling shares of VIHEM to HEM

The Board of Directors of Viet Nam Electrical Equipment Joint Stock Corporation decided to sell shares of Viet Nam – Hungari Electric Machinery Manufacturing Joint Stock Company (VIHEM) to Hanoi Electro Mechanical Manufacturing Joint Stock Company (HEM) with the following contents:

-       Selling volume: 7,190,700 shares (accounting for 65.37% charter capital of VIHEM)

-       Selling price: according to the report

-       Trading method: UpCom

-       Time of implementation: October 2018 or November 2018.

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