On August 26, 2019, the Board of Directors of Pomina Steel Corporation approved a plan for issuing shares to raise capital from the owner’s equity:

1)      Stock name: Stock ofPomina Steel Corporation

2)      Stock type: common share

3)      Par value: VND10,000/share

4)      Charter capital before insurance:  VND2,433,449,520,000

5)      Outstanding volume: 242,212,162 shares

6)      Expected issue volume: 36,331,824 shares

7)      Total issue value: VND363,318,240,000

8)      Issue ratio: 10:1.5 (Those who own 10 shares will receive 1.5 new shares.)

9)      Financial resource: distribution profit after tax. 

10)  Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares (if any) will be cancelled. 

11)  Implement date: Q3 2019

12)  Charter capital after insurance:  VND2,796,767,760,000