Monday, 24/04/2017 15:29

LGL: Board Resolution No.66, 67 & 68

Long Giang Investment and Urban Development Joint Stock Company announces Board Resolution No.66, 67 & 68 dated April 17, 2017 with main contents as follows:

Resolution No.66:

Approving the policy that Long Giang Investment and Urban Development JSC will purchase 65% shares at Minh Phat JSC (Binh Thuan province):

-          Number of shares expected for purchase: 3,900,000 shares

-          Minh Phat JSC expects to invest in resort and villa project, called “Rivera Park”, in Mui Ne.

Resolution No.67:

Approving to establish a joint stock company to invest, build and exploit Trade Center and Apartment Building at 69 Vu Trong Phung.

-          Name of company (estimated): Rivera Ha Noi JSC

-          Charter capital (estimated): VND60,000,000,000. (LGL invests 51%)

-          Time of establishment: in 2017

Resolution No.68:

Approving to establish a joint stock company to invest, build and exploit the project in Viet Hung New Urban, Long Bien district, Ha Noi city.

-          Name of company (estimated): Rivera Long Bien JSC

-          Charter capital (estimated): VND100,000,000,000. (LGL invests 65%)

-          Time of establishment: in Quarter II.2017

HOSE

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