On October 04, 2013, the Board of Directors of Foreign Trade Development and Investment Corporation of Hochiminh City (FIDECO) hold a meeting and approved the transfer of assets to a subsidiary as follows:
1.
The Board of Directors approved to transfer the entire of
office building at 81 – 83B – 85 Ham Nghi, Nguyen Thai Binh ward, district 1,
Hochiminh City to FIDECOLAND Co., Ltd.
at VND153,600,000,000, and a value-added tax of VND15,360,000,000. Therefore,
the transfer value for the building will be VND168,960,000,000.
2.
The Board of Directors approved to transfer the land-use right at 81 – 83B – 85
Ham Nghi, Nguyen Thai Binh ward, district 1, Hochiminh City to FIDECOLAND Co., Ltd. at
VND12,400,000,000.