HSG: Hoa Sen Group contributes capital to set up new companies

On May 05, 2016, the Board of Directors of Hoa Sen Group approved the policy on capital contribution to establish the following companies:

1)    Hoa Sen Hoi Van Joint Stock Company

-          Short name: HSHV

-          Address: 01 Ngo May Street, Ngo May ward, Quy Nhon city, Binh Dinh province

-          Charter capital: VND50 billion

-          Capital contribution ratio of Hoa Sen Group: 45%

2)    Hoa Sen Quy Nhon Joint Stock Company

-          Short name: HSQN

-          Address: 01 Ngo May Street, Ngo May ward, Quy Nhon city, Binh Dinh province

-          Charter capital: VND100 billion

-          Capital contribution ratio of Hoa Sen Group: 45%

3)    Hoa Sen Van Hoi Joint Stock Company

-          Short name: HSVH

-          Address: Group 48, Dong Tam ward, Yen Bai city, Yen Bai province

-          Charter capital: VND100 billion

-          Capital contribution ratio of Hoa Sen Group: 70%

4)    Hoa Sen Yen Bai Joint Stock Company

-          Short name: HSYB

-          Address: Group 48, Dong Tam ward, Yen Bai city, Yen Bai province

-          Charter capital: VND50 billion

-          Capital contribution ratio of Hoa Sen Group: 70%

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