PVC: Approval of change in capital contribution
On 27/3/2014, Drilling Mud Corporation announced Approval for change in capital contribution to DMC-VTS Company as follows:
Article 1: Approve guideline of contribution to increase charter capital of DMC-VTS Company. Drilling Mud Corporation will replace Dong Bac Mineral – Coal Investment JSC to contribute an equity equal to 30% of shares of Dong Bac Mineral – Coal Investment JSC (USD 343,080) to DMC-VTS Company.
Resource: Drilling Mud Corporation’s capital resource
Article 2: Assign General Manager, Chief Accountant and Managers of relevant departments to implement this Board resolution
HNX
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