ANNOUNCEMENT FOR PUBLIC AUCTION OF SEAPRODEX 1 MEMBER LLC

ANNOUNCEMENT FOR PUBLIC AUCTION OF SEAPRODEX 1 MEMBER LLC  

1.          Name of the company SEAPRODEX 1 MEMBER LLC

Address: 2-4-6 Dong Khoi, Ben Nghe, District 1, Ho Chi Minh

Phone: (84-8) 38297214   Fax: (84-8) 38290146

2.          Main business segments: Exploitation and culturing of aquaculture, domestic aquaculture and related business segments as specified in Business Licence No. 0310745210 approved by Ho Chi Minh City Department of Planning and Investment on March 31, 2011.

3.          Charter capital: VND 1,250,000,000,000, of which

- #shares held by the State:   63,750,000 shares (accounting for 51% of the charter capital)

- #preferred shares for the Company’s staff members and workers: 423,600 shares (representing 0,34% of the charter capital)

- #shares available for auction: 60,826,400 shares (accounting for 48.66% of the charter capital)

4.          Par value: VND 10,000 per share

5.          Minimum bid price/starting price: VND 10,100 per share (based on Document No. 8700/BNN-QLDN 28/10/2014 of Ministry of Agriculture and Rural Development)

6.          Auction institution: Ho Chi Minh City Stock Exchange, Address: 16 Vo Van Kiet, District 1, Ho Chi Minh City

7.          Eligibility requirements for participation in the auction: Domestic and foreign institutions that satisfy the eligibility requirements specified in Seaprodex’s Regulations for First Public Share Auction

8.          Time and place for registration and money deposits:

Time: From 8:00AM on November 11, 2014 to 16:00PM on December 4, 2014.

Place: At auction agencies as specified in Regulations for Share Auction of Seaprodex provided by Ho Chi Minh City Stock Exchange

9.          Time and place for submission of auction bidding slips

Put the slips directly in the designated slip boxes at the Headquarter Office and the Branch Office of Auction Agencies where the investors have completed their registration procedures no later than 15:00PM on December 10, 2014.

10.        Time and place for auction:

Time: 8:30AM on December 12, 2014

Place: HO CHI MINH CITY STOCK EXCHANGE 16 Vo Van Kiet, District 1, Ho Chi Minh City

11.        Schedule for payment of shares: from 13/12/2014 to 22/12/2014

12.        Schedule for repayment of money deposits to unsuccessful bidders: From December 15, 2014 to December 19, 2014.