On July 22, 2019, the Board of Directors of Viet Nam Electrical Equipment Joint Stock Corporation approved to issue shares for capital increase from the owner’s equity as follows:

-       Number of shares expected to be issued: 63,684,000 shares

-       Exercise ratio: 20:3 (Shareholder who owns 20 shares will receive 03 new shares)

-       Stock type: common share, freely transferable

-       Par value: VND10,000

-       Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be bought VND10,000/share.

 -     Time of implementation: expected in Q3.2019.