ELC: Elcom Corp invests in an associated company
According to the board resolution on August 30, 2012, Electronics Communications Technology Investment Development Corporation (ELCOM CORP) approved a plan to invest in the establishment of New Generation Biotechnology Joint Stock Company, with the contributed capital of VND72 billion or 7,200,000 shares (par value: VND10,000/share), accounting for 48% stake of New Generation Biotechnology JSC. Mr. Phan Chien Thang, CEO, was authorized as ELC’s representative in the new company.
HOSE
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