On January 20, 2014, the Board of Directors of Phuoc An Port Investment and Exploitation Petroleum Joint Stock Company (PAP) held an extraordinary meeting. Accordingly, the Board of Directors of the Company decided to:
1. Appoint Mr. Dao Minh Tung – Chief Accountant of the Company to hold the position of Member of the Board of Directors and Chief Accountant of Phuoc An Port Investment and Exploitation Petroleum Joint Stock Company.
2. Temporarily appoint Mr. Chau Hoai Thanh to hold the position of non-professional member of the Board of Supervisors of Phuoc An Port Investment and Exploitation Petroleum Joint Stock Company to replace Mr. Vu Chi Hung.
3. Phuoc An Port Investment and Exploitation Petroleum Joint Stock Company conducts the first securities depository of the Company at the Vietnam Securities Depository Center, but has not yet registered for listing and trading of the Company’s shares on the Stock Exchanges.