FDC: Board Resolution on Capital Increase

On Maya 08, 2012, the Board of Directors of Foreign trade development and investment Corporation of Hochiminh City unanimously approved a stock issuance plan to the existing shareholders in order to increase capital.

The Corporation expects to mobilize VND202 billion, and time of implementation will be in 2012. The proceeds will be used to finance investment projects and increase the Corporation’s working capital.

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