CDC: Explanation for business results in Q3/2011

Chuong Duong Corporation (HOSE: CDC) has announced explanation for business result in QIII/2011 as follows:

- Revenue from sales and services in QIII/2011 by VND42,218,471,576 decrease 57% compared with the same period of last year. Because unfavorable real estate market leading to consolidated revenue decreased

- Cost of goods sold in QIII/2011 higher than the same period of last year. Because rising material prices, salary and interest rates in the period.

HOSE

>   AVF: Transaction of major shareholder (25/11/2011)

>   CMT: Result of share buyback (25/11/2011)

>   HBC: Transaction of affiliated institution (25/11/2011)

>   APC: Transaction of major shareholder (29/11/2011)

>   ABT: Transaction of major shareholder (25/11/2011)

>   DRC: Mr. Thang bought 23,500 shares (25/11/2011)

>   DVP: Transaction of affiliated institution (25/11/2011)

>   GIL: Shareholder ownership changes (25/11/2011)

>   GIL: Transaction of major shareholder (25/11/2011)

>   HAG: Mr. Dien bought 150,000 shares (25/11/2011)