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CTD: Board approves to raise funds at Covestcons The Board of Directors of Coteccons Construction Joint Stock Company approved to raise the charter capital at Covestcons Co., Ltd. with the holding ratio of 100%.
- Company name: Covestcons Co., Ltd.
- Head office: Floor 12, Coteccons, 236/6 Dien Bien Phu, ward 17, Binh Thanh district, Ho Chi Minh city.
- Initial charter capital: VND26,000,000,000.
- Charter capital expected to be increased: VND1,872,000,000,000.
- Purpose of capital increase: to invest in potential projects
- Financial resource: from the Investment & Development Fund and the capital surplus of Coteccons Construction Joint Stock Company.
- Time of change: August 22, 2017.
The Board of Directors approved to amend the Charter of Covestcons Co., Ltd. regarding the new charter capital of VND1,872,000,000,000.
The Board of Directors approved to appoint Mr. Tu Dai Phuc, Chairman of Covestcons Co., Ltd., as the authorized representative of Coteccons Construction Joint Stock Company as well as the legal representative at Covestcons Co., Ltd. in five years. HOSE
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