The Board resolution No.14 of Thien Long Group Corporation approved the following issues:

1. Approving to collect shareholders’ opinion in writing about the private placement of shares:

-       Exercise ratio: 01 share – 01 voting right

-       Time of implementation: expected in October 2018 or November 2018.

-       Record date: October 16, 2018

-       Content: Approving the plan for the private placement to raise its charter capital.

2. Approving the plan for the private placement to raise its charter capital:

-       Stock name: Thien Long Group Corporation

-       Stock type: common share

-       Par value: VND10,000/share

-       Number of shares issued: 65,722,853 shares

-       Number of outstanding shares: 65,722,853 shares

-       Number of treasury shares: 0 share

-       Number of shares expected to be issued: 5,000,000 shares

-       Total value (based on par value): VND50,000,000,000

-       Issue price: no later than VND50,000

-       Issue ratio: 7.61%

-       Plan for the proceeds use from the offering: total proceeds will be used for supplementing the mobile capital and investing in the machine and equipment.

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

-     How to deal with fractional shares: The number of refused shares will decided to distribute to other investors by the BOD with the price is no later than VND50,000/share and ensuring that the total number of investors buying shares in this issuance will not exceed 99 persons.

-       Time of implementation: Q4.2018 or 2019.

3. Approving to amend its charter and register to deposit at the Vietnam Securities Depository (VSD) and list on the Hochiminh Stock Exchange (HOSE) for newly issued shares.