Thu Duc Electro Mechanical Joint Stock Company announces Board Resolution No.04/NQ-CDTD-HDQT dated March 25, 2019 as follows:

Article 1: The Board of Directors approved the plan for holding the 2019 Annual General Meeting of Shareholders as follows:

-       Record date: April 15, 2019

-       Meeting date: expected on May 10, 2019

-       Meeting venue: The Meeting Hall of Thu Duc Electro Mechanical Joint Stock Company. Km 9, Ha Noi Highway, Truong Tho ward, Thu Duc district, Ho Chi Minh city.

Article 2: The Board of Directors approved contents of the 2019 Annual General Meeting of Shareholders:

-       Report of the Executive Board;

-       Report of the Board of Directors;

-       Report of the Board of Supervisors;

-       Report on the audited financial statements in 2018;

-       Document on amending the Company’s Charter;

-       Electing an independent member to the Board of Directors;

-       Approving the plan for profit distribution in 2018 and 2019;

-       Document on remuneration of the Board of Directors, CEO, Board of Supervisors in 2018 and 2019;

-       Choosing an auditing company for the Company in 2019;

-       Other issues under the jurisdiction of the general meeting.

Article 3: The Board of Directors approved a record date for closing a shareholder list to implement share purchase rights in the stock issuance to raise capital of EMC as follows:

-       Record date: April 15, 2019

-     Expected issue volume: 3,824,333 shares

-     Issue price: VND10,000/share

-     Exercise ratio: 3:1 (Those who own 01 share will receive 01 right, and with every 03 rights will be entitled to buy 01 new share.)

-     How to deal with fractional shares: The number of newly issued shares bought by each existing shareholder will be rounded down. The fractional share and the shares refused to buy (if any) will be offered to other investors. 

-     Regulation on rights transfer:

+      Time for rights transference: from April 23, 2019 to May 15, 2019

+      The rights should be transferred only once.

-     Regulation on securities purchased:

+      Time for subscription and deposit: from April 23, 2019 to May 17, 2019

+      The new shares are freely transferable.

-     Place to receive subscription:

+      Shareholders whose shares have been deposited: at the securities firms where shares have been deposited.

+      Shareholders whose shares have not been deposited: at Thu Duc Electro Mechanical Joint Stock Company. Km 9, Ha Noi Highway, Truong Tho ward, Thu Duc district, Ho Chi Minh city.

-     Bank for blocking depository money:

+      Account holder: Thu Duc Electro Mechanical Joint Stock Company

+      Account number: 120000016279

+      Bank: Vietinbank - Dong Sai Gon Branch.