HAR: Contributes capital to establish Ascentro Co.

On November 18, 2013, the Board of Directors of An Duong Thao Dien Real Estate Trading Investment Joint Stock Company approved to contribute capital to establish a joint stock company as follows:

-         Company: Ascentro Investment and Trading Joint Stock Company (*)  

-         Head office: 81-83-83B-85, Fideco Tower, Ham Nghi street, Nguyen Thai Binh ward, district 1, Hochiminh city.

-         Charter capital: VND50 billion

-         Contribution rate: An Duong Thao Dien Real Estate Trading Investment JSC invests 51% of charter capital, equivalent to VND25.5 billion.

-         Form of capital contribution: in cash/ by transfer

-         Business line: wholesale of agricultural and forestry raw materials (except wood, bamboo) and live animals.

The Board of Directors assigned Mr. Duong Quoc Chinh as a representative in Ascentro Investment and Trading JSC.

(*) The company name is temporarily translated.

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