HRC: Board resolution

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HRC: Board resolution _ Sep 03, 2019

HSX - 9/6/2019 10:06:00 AM

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On September 03, 2019, the Board of Directors of Hoa Binh Rubber Joint Stock Company (stock code: HRC) approved the following issues:

1) Approving the beginning price and the sale method for the sale of rubber:

− Total area for the liquidation sale: 274.2577 hectares

− Total beginning value for 274.2577 hectares: 11,778,465,000 dongs

− Sale method:

a. Public auction:

Area: 224.9487 hectares
Total beginning value for 224.9487 hectares

b. Distribution to Rubber Investment Construction JSC: 49.3090 hectares

2) Auction date: in September 2019

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