Friday, 22/08/2008 09:00

 TDH: A new project

Thu Duc Housing Development Corporation (THUDUC HOUSE) has informed of contributing capital to set up a new company as follows:

* Company name: Daewon -  Phong Phu - Thu Duc Housing Development Joint Stock Company.

* Add: 378 Minh Khai, Vinh Tuy Ward, Hai Ba Trung Dist., Hanoi.

* Investment License No. 011032000099 granted by the Hanoi People’s Committee dated August 8th 2008.

* Business: real estate

* Objectives: investing, developing, building, managing and trading a complex project which includes offices, supermarket, garage, commercial services, multistoried apartment block and kindergarten.

* Location of the project: 378 Minh Khai, Vinh Tuy Ward, Hai Ba Trung Dist., Hanoi.

* Area: 28,726 m2

* Total investment cost: VND1,508,804,435,000

* Chartered capital: VND312,975,000,000

* Foundation shareholders of the company:

+ Phong Phu Corporation: 30%

+ THUDUC HOUSE: 10%

+ Daewon-Thu Duc Housing Development Joint Stock Company: 10% (THUDUC HOUSE holds 40% of equity of this company)

+ Daewon Co., Ltd.: 45%

* The representative: Mr CHUN YOUNG WOO – Director General

HoSE

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