The Board resolution dated December 24, 2021, the BOD of Electronics Communications Technology Investment Development Corporation approved the plan to issue shares for increasing charter capital with details as follows:

-          Stock name: Electronics Communications Technology Investment Development Corporation

-          Stock type: common share

-          Par value: VND10,000/share

-          Charter capital before the issuance: VND509,282,430,000

-          Number of shares issued: 50,818,648 shares

-          Number of outstanding shares: 50,818,648 shares

-          Number of treasury shares: 109,595 shares

-          Number of shares expected to be issued: 19,843,449 shares; Of which:

+ To issue shares for increasing capital from the owner’s equity (exercise ratio: 100:15): 7,639,236 shares

+ To offer shares existing shareholders (exercise ratio: 100:22) : 11,204,213 shares

+ To issue shares under ESOP with the issue price of VND10,000/share: 1,000,000 shares

-          Purpose of using capital from the issuance: to supplement its working capital, to invest in technology research and expand business production.

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

-          Stock volume after the issuance: 70,771,692 shares

-          Charter capital after the issuance:  VND707,716,920,000.