The Board resolution dated July 23, 2021, the BOD of Phuc Hung Holdings Construction Joint Stock Company approved the following issues:

1)      Approving the estimated proceeds from the public offering of VND80 billion to repay loans to the bank.

2)      Approving the adjustment of the Board resolution dated May 25, 2021 on implementing the plan for stock issuance to raise capital:

-          Stock name: Phuc Hung Holdings Construction Joint Stock Company

-          Stock type: common share

-          Par value: VND10,000/share

-          Offering method:  public offering

-          Estimated offering volume: 10,000,000 shares

-          Total value (at par value): VND100,000,000,000

-          Action venue: Hanoi Stock Exchange (HNX)

-          Transfer restriction: none

-          Offering time (estimated): 2021 after being approved by the State Securities Commission of Vietnam (SSC)