On January 09, 2019, the General Meeting of Shareholders of Century Land Joint Stock Company approved the plan for stock issuance to raise capital as follows:

-       Charter capital before the issue: VND500,000,000,000, equivalent to 500,000,000 shares

-       Number of shares expected to be issued: 30,000,000 shares, equivalent to VND300,000,000,000; Of which:

+ Stock issuance to pay dividend for 2018: 7,500,000 shares, equivalent to VND75,000,000,000 (based on par value);

+ Stock issuance to raise charter capital from the owner’s equity: 22,500,000 shares, equivalent to VND225,000,000,000 (based on par value).

-       Total shares after the additional issuance: 80,000,000 shares

-       Charter capital after the additional issuance:  VND800,000,000,000

-       Implementation method: implementing rights

-       These shares will not be restricted transfer

-       Exercise ratio:

+ Stock issuance to pay dividend for 2018: 100:15 (Shareholders are entitled to have 15 new shares for every 100 shares owned.)

+ Stock issuance to raise charter capital from the owner’s equity: 100:45 (Shareholders are entitled to have 45 new shares for every 100 shares owned.)

-       Plan to deal with fractional shares:

+ Stock issuance to pay dividend for 2018: the distributed shares will be rounded down. The fractional shares will be bought with the price of VND10,000/share.

+ Stock issuance to raise charter capital from the owner’s equity: the distributed shares will be rounded down. The fractional shares will be bought with the price of VND10,000/share.

-       Time of implementation: expected in Q1.2019.