Sao Vang Rubber Joint Stock Company (SRC) announces the transfer of shares of Vietnam National Chemical Group (Vinachem) in SRC as follows:

-       Stock name: Sao Vang Rubber Joint Stock Company

-       Stock type: common share, freely transferable

-       Number of shares expected to be transferred: 4,209,800 shares (15% charter capital of SRC)

-       Par value: VND10,000/share

-       Beginning price: VND46,452/share

-       Offering method: publicly auction

-       Auction venue: Hochiminh Stock Exchange (HOSE).

-       Time of implementation: expected in May 2019 or June 2019.

-       The foreign investor holding ratio limit: 49%.

-       Place for information discolure:

• Vietnam National Chemical Group;
• Sao Vang Rubber Joint Stock Company;
• Petro Vietnam Securities Incorporated (PSI).