On November 15, 2018, the Board of Directors of Hai Phat Investment Joint Stock Company to approved the stock issuance to increase capital from 2017 the owner’s equity as follows:

-       Stock name: Hai Phat Investment Joint Stock Company

-       Stock code: HPX

-       Charter capital before the issuance:  VND1,724,999,850,000

-       Stock type: common share

-       Par value: 10,000 dongs

-       Number of shares expected to be issued: 27,496,497 shares

-       Total value (based on par value): VND274,964,970,000

-       Charter capital after the issuance: 1,999,964,820,000

-       Purpose: to issue shares for capital increase from 2017 the owner’s equity.

-       Exercise ratio: 10% (Shareholders are entitled to have 01 new share for every 10 shares owned).

-       Issue ratio: 15.94%

-       Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled.

-     For example: At the record date, shareholder A owned 1,500 shares. With 15.94% performing ratio, the shareholder A will receive: 1,500 * 15.94/100 = 239.1 shares. According to rounding policy, the shareholder A receives 239 new shares. The fractional shares of 0.1 will be cancelled.

-       Time of implementation: expected in 2018.