TMT: TMT establishes an associated company

On July 13, 2016, the Board of Directors of TMT Motors Corporation approved to contribute a new associated company:

-          Company name: Trading and Service No.8 Joint Stock Company (*)

-          Charter capital: VND40,946,333,000

-          Capital contribution ratio: TMT Motors Corporation contributes VND12,283,900,000 or 30% new company.

(*) temporary translation

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