On August 08, 2019, the Hochiminh Stock Exchange issued Announcement No.1062/TB-SGDHCM about the record date of Viet Nam Electrical Equipment Joint Stock Corporation as follows:

-          Ex-right date: August 16, 2019

-          Record date: August 19, 2019

-          Reason & purpose: to pay bonus shares due to implementing capital increase from the owner’s equity.

-          Content:

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

ü  Expected issue volume: 63,684,000 shares

ü  Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be distributed by the Board of Directors with the selling price of VND10,000/share.

ü  For example: At the record date, shareholder A owned 116 shares. With 20:3 performing ratio, the shareholder A will receive: (116/20) * 3 = 17.4 shares. According to rounding policy, the shareholder A receives 17 new shares. The fractional shares of 0.4 * 10,000 = 4,000 dongs.

ü  Place of payment:

+ Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.

+ Shareholders whose shares have not been deposited: at Viet Nam Electrical Equipment Joint Stock Corporation.