The Board of Directors of Thanh Thanh Cong - Bien Hoa Joint Stock Company approved the plan for issuing convertible preferred shares as follows:

-       Issue method: private placement

-       Stock: Stock of Thanh Thanh Cong - Bien Hoa Joint Stock Company

-       Stock type: convertible preferred stock

-       Par value: VND10,000/share

-       Estimated offering volume: 44,466,668 shares

-       Offering price:

• Highest offering price: VND45,000/share
• Lowest offering price: VND30,000/share

-       Total estimated mobilized capital: VND444,666,680,000

-       Dividend rate: 5.5%/year for the first 1.5 years. The dividend rates for the next years will be adjusted after the negotiation and not be more than 12% (including the paid dividend amount)

-       Dividend preference period: 6.5 years from the issue date

-       Voting right: the convertible preferred shares have no voting rights.