DLG: Decision about founding its subsidiaries
Duc Long Gia Lai Group Joint Stock Company (HoSE: DLG) has announced a decision about founding its subsidiaries as follows:
Duc Long Gia Lai BT & BOT Joint Stock Company (*):
* Charter capital: 210,000,000,000 dongs
* Duc Long Gia Lai Group contributed 147,000,000,000 dongs (70% of charter capital)
* Purpose: Implementing a project of updating and expanding Highway No. 14 from PleiKu City to Bridge 110 of Gia Lai Province.
Duc Long Gia Lai Education Development & Investment Joint Stock Company (*):
* Charter capital: 65,000,000,000 dongs
* Duc Long Gia Lai Group contributed 35,750,000,000 dongs (55% of charter capital)
* Purpose: Investing in & trading schools and other businesses at Gia Lai Province and others.
(*) Temporary translation.
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