The Board resolution dated June 02, 2020, the BOD of Viglacera Corporation - JSC (VGC) approved to transfer 100% capital in Ba Hien Joint Stock Company. Details are as follows:

-          Stock name: Ba Hien Joint Stock Company

-          Par value: VND 10,000/share

-          Number of shares that VGC owned: 511,711 shares, accounting for 52.64% contributed capital in Ba Hien Joint Stock Company

-          Offering volume: 511,711 shares

-          Total value (based on par value): VND 5,117,110,000

-          Value of contributed capital according to the valuation at 12/31/2019 by CPA Vietnam Auditing Com Ltd: VND 3,581,977,000 (equivalent to VND 7,000/share)

-          Number of shares to own after the transfer: 0 share, accounting for 0% charter capital of Ba Hien Joint Stock Company.

-          Offering method: publicity auction

-          Beginning price: VND 10,000/share (this price is higher than the book entry and the valuation value by CPA Vietnam Auditing Com Ltd.

-          Time of implementation: before July 15, 2020

(*) In case, before the date of information disclosure, the reference price of BHV stock averages 30 consecutive trading days in the stock market that is higher than the beginning price (VND 10,000/share). The BOD will approve the beginning price again