The Board of Directors of Truong Thinh Energy Investment Joint Stock Company approved the plans for the use of bond capital as follows:

1)      Buying shares from an existing shareholder of Huoi Vang – Thanh Buoi Hydropower JSC.

-          Buying volume: 4,800,000 shares (38.4% of the target company)

-          Buying price: VND11,000/share

-          Transfer value: VND52,800,000,000

2)      Buying shares from an existing shareholder of Da Den Hydropower Investment JSC. 

-          Buying volume: 3,870,000 shares (43% of the target company)

-          Buying price: VND20,000/share

-          Transfer value: VND77,400,000,000

3)      Buying shares from an existing shareholder of Binh Thuy Lam Dong Hydropower JSC. 

-          Buying volume: 5,362,500 shares (31.18% of the target company)

-          Buying price: VND160,000/share

-          Transfer value: VND85,800,000,000

4)      Restructuring TTE’s loans and investing in Trung Viet Co., Ltd.:

-          Investing in Trung Viet Co., Ltd.: VND25,500,000,000;

-          Restructuring TTE’s loans: VND8,500,000,000.