Announcement on the first public auction of shares of Hai Phong Port 1 Member LLC

Announcement on

the Share Auction for the IPO of Hai Phong Port 1 Member LLC

(Based on Decision No. 118/QD-HHVN, dated April 8, 2014, issued by Vinalines on the approval of the Plan for Transformation of Hai Phong Port One-Member LLC into a Joint Stock Company) 

1. Name of the company: Hai Phong Port One-Member LLC

Address: 8A Tran Phu, May To Ward, Ngo Quyen District, Hai Phong, Vietnam

Phone number: (84-31) 3859 945 Fax: (84-31) 3859 973

2. Main lines of business: Cargo and goods transport and storage and other transport-related activities

3. Expected charter capital: VND 3,269,600,000,000, of which
- #shares held by the State: 245,220,000 shares (accounting for 75% of the charter capital)
- #preferred shares for the Company’s employees: 5,768,800 shares (representing 1.75% of the charter capital)
- #additional preferred shares that can be bought by the Company’s staff members and workers based on the length of time committed to working for  the Company: 4,074,300 shares (accounting for 1.25% of the charter capital)
- #shares sold to the Labor Union: 700,000 shares (representing 0.21% of the charter capital)
- #shares available for auction: 37,635,600 shares (accounting for 11.51% of the charter capital)
- #shares sold to strategic investors: 33,561,300 shares (representing 10.26% of the charter capital) 

4. Number of shares available for auction: 37,635,600 shares (accounting for 11.51% of the charter capital)

5. Par value: VND 10,000 per share

6. Minimum bid price/starting price: VND 13,500 per share

7. Eligibility requirements for participation in the auction: Institutions and individuals from within the country that satisfy the eligibility requirements as specified in Article 6 of the Government Decree No. 59/2011/ND-CP dated July 18, 2011 on the transformation of  100% state owned enterprises into joint stock companies

8. Advisory institution: Saigon Securities Incorporation 

9. Auction institution: Ha Noi Stock Exchange

10. Public announcement and auction regulations materials can be obtained at Hanoi Stock Exchange or auction agencies or on websites at www.hnx.vn , www.haiphongport.com.vn , or www.ssi.com.vn .

11. Time and place for registration and money deposits:
Time: From April 14, 2014 to May 7, 2014
(Morning: from 8:30A – 11:00AM; Afternoon: 13:30PM – 15:30PM on workdays).
At auction agencies announced in Auction Procedures of Hai Phong Port 1 Member LLC approved by Ha Noi Stock Exchange 

12. Time and place for submission of auction bidding slips:
Put directly in the designated slip boxes at the Headquarters Office and the Branch Office of the Auction Agencies where investors have completed their registration procedures no later than 4:00PM on 12 May 2014.

13. Time and place for auction:
Time: 8:30AM on May 14, 2014 at Hanoi Stock Exchange
02 Phan Chu Trinh, Hoan Kiem, Ha Noi

14. Schedule for payment settlement of shares in case of successful bids on May 14, 2014: From May 14, 2014 to May 23, 2014.

15. Schedule for returning money deposits in case of unsuccessful bid: From May 16, 2014 to May 21, 2014.