VPH: Withdrawal of capital from a member company

On December 30, 2011, Van Phat Hung Corporation (VPH Corp.) announced a withdrawal of capital in Van Phu Hung Corporation as follows:

On August 18, 2010, the Board of Directors held a meeting and decided to invest VND 20,000,000,000 to establish Van Phu Hung Corporation at 114 Nguyen Trung Truc Street, Ward 2, Soc Trang City, Soc Trang Province. VPH Corp hold 40% charter capital.

On March 30, 2011, the 2011 annual shareholders’ meeting approved the capital withdrawal from member companies.

And now, the Board of Directors of VPH Corp would like to announce that the Corporation completed the capital withdrawal in Van Phu Hung Corporation. 

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