On April 17, 2019, the Board of Directors of Hoa Binh Construction Group Joint Stock Company approved the plan for stock issuance to raise its charter capital as follows:

-       Stock name:  Hoa Binh Construction Group Joint Stock Company

-       Stock code:  HBC

-       Par value: 10,000 dongs/share

-       Stock type: common share

-       Offering method: private placement

-       Offering purpose: to supplement its business activities.

-       Current charter capital: VND1,960,749,770,000

-       Number of outstanding shares: 196,074,977 shares

-       Expected outstanding volume after the issue: 205,878,725 shares

-       Number of shares expected to be offered:  25,000,000 shares

-       Total value (based on par value): VND250,000,000,000

-       Expected listing volume after the issue: 230,878,725 shares

-       Total value (based on par value): VND2,308,787,250,000

-       Offering price: VND23,000/share

-       Plan for use of capital:

+ To supplement working capital for construction activities;

+ To buy the machine and equipment for production activities;

+ To expand the business activities to foreign markets.

-       Offering target: Hyundai Elevator Co., Ltd

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

-       Time of implementation: expected in 2019.