TIE: Board resolution on portfolio restructuring

On April 13, 2019, the Board of Directors of Telecommunications Industry Electronics Joint Stock Company (TIE) decided to divest 35% stake at Bon Bien Tourist Joint Stock Company (*) for the purpose of portfolio restructuring. Accordingly, TIE will transfer 30% stake to TIE Cultural Joint Stock Company and 5% stake to the existing shareholders at Bon Bien Tourist Joint Stock Company.

(*) The company name is translated temporarily.  

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