Notice of auction of shares of Industrial Machinery and Equipment Corporation (MIE) in industrial equipment trading joint stock company

Machineries and industrial equipment corporation

Bao Viet security joint stock company

ANNOUNCEMENT

rE: SHARE AUCTION FOR DIVESTMENT OF CAPITAL OF MACHINERIES AND INDUSTRIAL EQUIPMENT CORPORATION AT INDUSTRIAL EQUIPMENT TRADING JOINT STOCK COMPANY

1. Issuer:

Machineries and Industrial Equipment Corporation

Address:

No. 7A Mac Thi Buoi street, Vinh Tuy ward, Thanh Xuan district, Hanoi

Telephone:

(84-4) 38252498                              Fax: (84-4) 38261129

Charter capital:

VND 516,847,000,000

Organization issuing share offering:

Industrial Equipment Trading Joint Stock Company

Address:

No. 467 Nguyen Trai street, Thanh Xuan district, Hanoi

Telephone:

(84-4) 385 42 370                            Fax: (84-4) 385 42 570

Business activities:

Trading and import, export of metal goods, non-ferous metal goods, material, spare parts, industrial equipment, production of bolts, screws, mechanical products, standard spare parts for transportation vehicles and industrial equipment, rolling and laminating common steels and specialized steels, non-ferous metal, fabrication and manufacturing various types of bearings and other mechanical products

Charter capital:

VND 32.000.000.000 (Thirty two billion Vietnamese Dong) equivalent to 3.200.000 shares

Face value:

VND 10,000/share

1. Volume for auction:

255.000 shares (equivalent to 7.97% charter capital)

1. Type of stock:

Common stock

1. Starting price:

VND 10,000/share

1. Estimate value of auction:

VND 2.550.000.000 (as calculated by the starting price of VND 10,000/share)

1. Auction objective:

Divestment of capital of Machineries and Industrial Equipment Corporation

1. Auction organizer:

BAO VIET SECURITY JOINT STOCK COMPANY

1. Conditions to participate in the auction:

Under the provisions of the Auction Regulation on share offering of Industrial Equipment Trading Joint Stock Company promulgated by Bao Viet Security Joint Stock Company.

1. Time, venue for registration to participate in the auction, receipt and submittal of registration form

1. Auction time:

9h30 dated March 18th, 2016

1. Auction venue:

BAO VIET SECURITY JOINT STOCK COMPANY

No. 8 Le Thai To – Hoan Kiem – Ha Noi

1. Time for payment of share purchase:

From 8h30 dated March 21st, 2016 to 15h30 dated March 25th, 2016 at the venue for auction registration

1. Time for receipt of refunded deposit:

From 8h30 dated March 21st, 2016 to 15h30 dated March 25th, 2016 at the venue for auction registration

The detailed information on the enterprise and auction of shares are referred at Machineries and Industrial Equipment Corporation, venue for registration of Bao Viet Security Joint Stock Company and website: www.bvsc.com.vn