On November 05, 2021, Binh Thanh Import Export Production and Trade Joint Stock Company announces the Resolution of Extraordinary General Meeting 2021 to approve the adjustment to the plan for share private placement with details as follows:

-          Stock name: Binh Thanh Import Export Production and Trade Joint Stock Company

-          Stock type: common share

-          Stock code: GIL

-          Number of shares issued: 43,200,000 shares

-          Number of treasury shares: 0 share

-          Number of outstanding shares: 43,200,000 shares

-          Number of shares expected to be issued: 16,800,000 share

-          Total value (at par value): VND168,000,000,000

-          Charter capital before the issuance: VND432,000,000,000

-          Estimated charter capital after the issuance: 600,000,000,000

-          Issuance form: private placement

-          Selling price: VND35,000/share

-          Estimated mobilized capital: VND168,000,000,000

-          Issuance purpose: total proceeds from the offering will be used the following purposes:

• To invest in subsidiaries, associated companies.
• To pay loan to MBBank.
• To pay salary and bonus to employees.
• To pay for suppliers.

-          Transfer restriction: 03 years from the ending date of the offering.

-          Plan to deal with fractional shares and unsold shares: The fractional shares (if any) and the unsold shares will be decided by the Board of Directors.

-          Issuance time: expected in 2021, after being approved by the State Securities Commission of Vietnam (SSC).