The Board resolution dated July 30, 2020, the BOD of Thu Duc Housing Development Corporation approved the record date to issue shares for capital increase as follows:

-          Stock name:  Thu Duc Housing Development Corporation

-          Stock type: common share

-          Par value: VND 10,000

-          Total shares: 93,878,384 shares; Of which:

• Number of outstanding shares: 93,878,384 shares
• Number of treasury shares: 0 share

-          Number of shares expected to be issued: 18,775,676 shares

-          Total value (estimated) based on par value: VND 187,756,760,000

-          Issue ratio: 100:20 (shareholder who owns 100 shares will receive 20 new shares).

-          The rights should be transferred only once.

-          Record date: August 14, 2020

-          Plan to deal with fractional shares: The distributed shares will not be rounded down to dozen, the fractional shares due to rounding down will be cancelled.