TTE: Approval of the share issuance plan for capital increase

The Board resolution dated May 19, 2023, the Board of Truong Thinh Energy Investment Joint Stock Company approved the plan for share issuance to increase capital for existing shareholders with details as follows:

-          Stock name: Truong Thinh Energy Investment Joint Stock Company

-          Stock type: common share

-          Stock code: TTE

-          Par value: VND10,000/share

-          Number of outstanding shares: 28,490,400 shares

-          Charter capital: 284,904,000,000 VND

-          Number of treasury shares: 0 share

-          Expected issue volume: 28,309,600 shares

-          Total value of issuance (estimated): VND 283,096,000,000

-          Issue rate: 99.36%

-          Offering price: VND10,000/share

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

HOSE

>   FRT: SSC received the documents of share issuance (23/05/2023)

>   C47: Notice of share issuance (23/05/2023)

>   C47: BOD resolution on record date for dividend payment and share issuance (23/05/2023)

>   FRT: Stock issuance for 2022 dividend payment (23/05/2023)

>   TIP: Allow Phutaco to borrow capital (22/05/2023)

>   SZC: Plan for stock issuance to pay dividend in 2022 (22/05/2023)

>   PGV: Notice of representative of contributed capital in GE-PMTP (22/05/2023)

>   SJS: Withdrawal of capital from an associated company (22/05/2023)

>   MSN: BoD approves to issue shares the ESOP (22/05/2023)

>   VIX: The record date for the dividend payment and additional issue to increase the equity (19/05/2023)