ADS: BOD resolution on buying shares of Thai Binh Cau Nghin

The Board resolution dated February 23, 2021, the Board of Directors of Damsan Joint Stock Company approved to buy shares of Thai Binh Cau Nghin Investment Joint Stock Company. Details are as follows:

-          Buying volume: 15,750,000 shares

-          Stock type: common share

-          Par value: VND 10,000/share

-          Total value (based on par value): VND 157,500,000,000

-          Buying price: VND 10,000/share

-          Total value (based on buying price): VND 157,500,000,000

-          After the transfer completes, Damsan Joint Stock Company will own 45% charter capital, equivalent to VND 157,500,000,000 of Thai Binh Cau Nghin Investment Joint Stock Company.

-          To appoint Mr. Vu Huy Dong as the representative of contributed capital of Damsan Joint Stock Company in Thai Binh Cau Nghin Investment Joint Stock Company.

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