TEG: Resolution on the AGM in 2022

On March 31, 2022, Truong Thanh Energy and Real Estate Joint Stock Company announces the Resolution of the Annual General Meeting 2022 to approve the following contents:

1. The AGM approved the report on the business result in 2021
2. The AGM approved the report on the business plan in 2022.
3. The AGM approved the report on the BOD activities in 2021 and plan for 2022.
4. The AGM approved the report from the Supervisory Board in 2021 and plan for 2022.
5. The AGM approved the audited financial statements in 2021.
6. The AGM approved the resignation of Mrs. Ninh Thi Thanh and Mrs. Nguyen Thuy Quynh as member of Supervisory Board for the term 2020-2025.
7. The AGM approved the additional election of member of Supervisory Board for the term 2020-2025.
8. The AGM approved the adjustment to the purpose of using capital from the stock offering in 2019:

The use of VND7,600,000,000 to buy shares of Quang Phu Energy Joint Stock Company (instead of the use of VND7,600,000,000 to supplement working capital for the company’s business and production activities).

9. The AGM approved the result of stock offering to raise charter capital in 2021:

-          Number of offered shares: 33,208,130 shares

-          Total proceeds from the offering: VND322,671,920,000

-          Charter capital after the offering: VND655,917,720,000.

-          The result of using capital from the offering:

+ To buy shares of Truong Thanh Energy Joint Stock Company with total amount of VND315,890,949,000.

+ To supplement working capital for the company’s business activities with total amount of VND4,192,495,855.

+ Costs related to the offering: VND2,588,474,145.

10. The AGM approved the plan for stock issuance to raise charter capital:

-          Stock name: Truong Thanh Energy and Real Estate Joint Stock Company

-          Stock type: common share

-          Par value: VND10,000/share

-          Charter capital before the issuance: VND655,917,720,000

-          Number of outstanding shares: 65,591,772 shares

-          Number of shares expected to be issued: 64,591,424 shares

-          Stock volume after the issuance: 130,183,196 shares

-          Charter capital after the issuance: VND1,301,831,960,000

-          Plan for stock issuance:

1. Stock issuance to pay dividend:

-          Issue volume: 4,591,424 shares

-          Issue ratio: 7% (100:7) (Those who own 100 shares will receive 07 new shares)

-          Time of implementation: expected in 2022, after being approved by the State Securities Commission of Vietnam (SSC).

1. Public offering:

-          Offering volume: 60,000,000 shares

-          Exercise ratio: 1,000:914

-          Offering price: VND10,000/share.

-          Time of implementation: expected in 2022, after being approved by the State Securities Commission of Vietnam (SSC).

11. The AGM approved the result of the additional election of members of BOD for the term 2020-2025, including:

-          Mr. Ha Ngoc Minh

-          Mr. Nguyen Anh Tuan.

12. The AGM approved the result of the additional election of members of Supervisory Board for the term 2020-2025, including:

-          Mr. Pham Duy Hoan

-          Mrs. Tran Thi Hanh.

HOSE

>   MCP: Holding AGM 2022 (05/04/2022)

>   TMT: Resolution on the AGM in 2022 (05/04/2022)

>   NSC: Holding AGM 2022 (05/04/2022)

>   NVT: Information on the documents of AGM 2022 via the website (05/04/2022)

>   VPS: Holding AGM 2022 (05/04/2022)

>   VJC: BOD resolution on holding AGM 2022 (05/04/2022)

>   KBC: Extending the time to hold AGM 2022 (05/04/2022)

>   HCM: Cancellation of record date for AGM 2021 (05/04/2022)

>   IMP: Information on the documents of AGM 2022 via the website (05/04/2022)

>   HDG: Information on the documents of AGM 2022 via the website (05/04/2022)