Notice negotiation sale of SCIC's stake in Vinh Long business real estae JSC

NOTICE NEGOTIATION SALE OF SCIC’S STAKE IN VINH LONG BUSINESS REAL ESTAE JOINT STOCK COMPANY

State Capital Investment Corporation (SCIC) would like to announced an agreement to sell shares of SCIC at Vinh Long Real Estate Joint stock company as follows:

1. Charter capital: 26.535.500.000 VND.

SCIC capital: 19.377.700.000VND (accounting for 10% of charter capital)

Main lines of business: Business real estate, land use rights of the owner, the owner or lessee to use; Construction of railways and road projects; Construction of other civil engineering projects; Architectural and engineering activities and technical consultancy related ...

1. 2.The number of SCIC’s shares at Vinh Long Real Estate Joint stock company: 193.777 shares, starting price: VND / share (par value: VND100.000 / share).
   1. 1Investors submit the application form at Dong A Bank Securirties Company (DAS) from 8:00 hrs, October 14^th 2016 to 14:00 hrs October 24^th 2016.

3. Number of outstanding shares: 193.777 shares.    
4.   All the outstanding shares (193.777) will be transferred to the private placement method from October 14^th 2016 to October 24^th 2016 with a starting price of 123.300 dong/ shares under the conditions are as follows:

The investors have to purchase the full subscription of the SCIC’s shares and pay a deposit of 10% of total value of the volume of shares registered for purchase, calculated at starting price to the following account:

-          Name Account: State Capital Investment Corporation (SCIC)

-          Account number: 0011002550086 at Bank for Foreign trade of Vietnam

-          Contents: Name / ID card / Business Registration / date and place of issuance;

1. In case of there is only one investor: The investor who bids at a price no less than the above-said starting price will be the successful bidder.
2. In case of therer are more than two investors The investor who bids at a price no less than the above-said starting price will be the successful bidder. The securities firm will implement the competitive offer via balloting among these investors with the starting price being the highest equal price. The investor who pays higher is the one chosen to buy SCIC’s shares with the private placement method.
3. Within 07 working days (after receiving the notice of the SCIC), According to the term A, if successful bidder who has not paid all the money to buy shares into the account , will be excluded from the list of investors to buy shares and do not get back the deposit,The next investor who meets the stipulated conditions will bought deal.

5. Time and place for provision of application forms

At : Dong A Bank Securities Company

Address: Level 2 and Level 3, Building 468 Nguyen Thi Minh Khai Street, Ward 2, District 3, HCMC. Ho Chi Minh

Phone: (08) 3833 6333 Fax: (08) 3835 1919

Regards./.

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