The Board resolution dated June 03, 2020, the BOD of FLC FAROS Construction Joint Stock Company approved the stock conversion ratio to implement the merger plan of FLC FAROS Construction Joint Stock Company (stock code: ROS) into FLC Mining Investment & Asset Management Joint Stock Company (stock code: GAB). Details are as follows:

-          Expected conversion ratio: 1:15 (15 ROS’s shares are converted 01 share of GAB.

-          Issuance object: shareholders of ROS.