LBM: Board Resolution _ Jul 08

Lam Dong Mineral and Building Material Joint Stock Company (LBM) announced the resolution of the Board of Directors on July 08, 2013:

1.       The Board of Directors approved business result in the first 05 months of 2013:

By: VND

2.       The Board of Directors approved to liquidate of fixed assets

-         Fixed asset costs: VND8,504,083,408

-         Remaining value: VND2,126,011,093

3.       The Board of Directors approved to make provision for bad debts: VND263,006,790

4.       The Board of Directors approved to compensate for quarry expansion.

5.       The Board of Directors approved to invest in stone crushing and screening system 250 tons/h

6.       The Board of Directors approved to sell concrete mixers: VND400,000,000 ( excluding VAT).

7.       The Board of Directors approved mission of member of the BOD.

8.       Mr. Tran Dai Hien replaced Mr. Vo Xuan Son as Deputy CEO as from July 01, 2013.

HOSE

>   VTF: List of the BOD (10/07/2013)

>   VTF: VTF signs Auditing Contract (10/07/2013)

>   BMC: BMC signs Auditing Contract (10/07/2013)

>   CII: List of the BOD (10/07/2013)

>   DLG: Change of Chief Accountant (10/07/2013)

>   HRC: Board Resolution (10/07/2013)

>   KDC: KDC chooses Ernst&Young Vietnam Co., Ltd as 2013 auditing firm (10/07/2013)

>   MBS: MBS closes a Trading Office (10/07/2013)

>   NET: Corporate Governance Report (first 06 months) (10/07/2013)

>   DRC: Board Resolution No.04 (10/07/2013)