According to the Board resolution dated October 14, 2019, the Board of Directors of Sao Ta Foods Joint Stock Company approved the following issues:

Article 1: Approving the result of the public offering to existing shareholders:

-          Offering volume:  8,040,000 shares

-          Number of distributed shares: 7,206,486 shares

-          Number of unsold shares: 833,514 shares

Article 2: Approving the distribution of unsold shares: 

-          Number of shares continuing to be distributed: 833,514 shares

-          Selling price: VND25,000/share

-          Payment date: from October 15, 2019 to October 22, 2019

-          Buyers: PAN Food JSC

-          These shares will be restricted in 01 year from the ending date of the offering.

-          Bank account blocking the depository money:

• Account number: 032 100 062 919 9
• Bank: Vietcombank – Soc Trang Branch
• Account holder: Sao Ta Foods Joint Stock Company.