On August 24, 2018, the Board of Directors of Thang Long Urban Development and Construction Investment Joint Stock Company approved the record date for 2017 stock dividend with the following details:

-       Record date:  September 12, 2018

-       Purpose: to pay stock dividend for 2017

-       Exercise ratio (04%): 100:4 (Shareholders are entitled to have 04 new shares for every 100 shares owned.)

-       Expected issue volume: 720,000 shares

-       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 2,168 shares. With 04% performing ratio, the shareholder A will receive: 2,168 * 4% = 86.72 shares. According to rounding policy, the shareholder A receives 86 new shares. The fractional shares of 0.72 will be cancelled.

-       Time of implementation: September 2018