According to the Board resolution dated November 11, 2021, the Board of Directors of BKG VietNam Investment Joint Stock Company approved the following issues:

Article 1: Approving to purchase the shares of Cat Tuong Thien Mai Chau Joint Stock Company:

1)      Information on the target company:

-          Company name: Cat Tuong Thien Mai Chau Joint Stock Company

-          Head office: Mo Hamlet, Chien Chau Commune, Mai Chau District, Hoa Binh Province

-          Charter capital: VND300 billion

-          Project: Tong Dau – Mai Chau Resort Project

2)      Information on the stock:

-          Estimated buying volume: 18,000,000 shares

-          Estimated buying price: VND10,000/share

-          Total estimated buying value: VND180 billion

-          Owning volume after trading: 18,000,000 shares (60% of Cat Tuong Thien Mai Chau Joint Stock Company)

-          Trading time: after the Company completes the private placement of shares.

Article 2: Approving to implement the private placement of shares which was adopted by the Extraordinary General Meeting of Shareholders on October 26, 2021.

Plan for the proceeds from the private placement:

-          To increase capital in BKG Tan My Co., Ltd. to implement BKG Vietnam Wood Factory Complex Project: VND110 billion;

-          To buy shares at Cat Tuong Thien Mai Chau Joint Stock Company to invest in Tong Dau – Mai Chau Resort Project: VND180 billion

-          To increase the working capital: VND10 billion;

-          Total expected mobilized capital: VND300 billion.