FCN: BOD resolution on setting up subsidiary
The Board resolution dated February 12, 2019, the Board of Directors of Fecon Corporation (FCN) approved to contribute capital to set up a subsidiary as follows:
- Company name: Fecon Pile Construction Joint Stock Company No.1
- Charter capital: VND18,000,000,000 (FCN contributed VND17,980,000,000, equivalent to 99.889% charter capital of Fecon Pile Construction Joint Stock Company No.1.
- Time of implementation: Q1.2019.
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