Provided information for shareholders

30/03/2020 00:00

In recent days, a lot of shareholders have asked Hoa Phat's Investor Relations department about the rumors of Vietcombank selling 100 million shares of Mr. Tran Dinh Long's mortgage. Hoa Phat leaders would like to answer the following:

The medium and long-term loan contract between Hoa Phat and Vietcombank has secured assets already. The mortgage of 100 million shares of Mr. Tran Dinh Long is just an additional security for the loan rather than using these 100 million shares to buy stocks, so Vietcombank does not sell these shares when stock prices go down.

In the complicated situation of the Covid 19 pandemic, there were many rumors. In order to minimize the damage to shareholders holding HPG shares, when shareholders need any information, please contact directly Ms. Thuy - Head of Investor Relations (IR) of the Group. We will respond promptly.

Contact information: Ms Thuy - Telephone: 02436282011 (Ext: 6656).

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