PTB: Phutaico to Buy Tuan Dat Private Enterprise

According to the board resolution dated August 10, 2013, the Board of Directors of Phu Tai Joint Stock Company (Phutaico) agreed to purchase Tuan Dat Private Enterprise with a transfer price for assets and mine ownership of VND2.1 billion.

-         Tuan Dat Private Enterprise will be transformed to Tuan Dat One-member Co., Ltd., 100% owned by Phutaico, and have a charter capital of VND3 billion.   

-         The purchase and transform will be implemented in Quarter III/2013.

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