VNG: Board approves to invest in Ngoc Bao Tea

According to Board Resolution No.28A dated December 02, 2016, the Board of Directors of Thanh Thanh Cong Tourist Joint Stock Company (VNG) decided to purchase the stake worth VND6,454,800,000, accounting for 19.8% charter capital of Ngoc Bao Tea Co., Ltd. by receiving the transfer from Thanh Thanh Cong Lam Dong Tourist Joint Stock Company with the transfer value of VND7,100,280,000.

The Board of Directors authorized Ms. Phan Thi Hong Van as the representative of VNG at Ngoc Bao Tea Co., Ltd..

HOSE

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