PHC: Transferring shares in Van Phu Urban Investment Co.

On December 24, the Board of Directors of Phuc Hung Holdings Construction JSC approved the policy on transferring the contributed capital in Van Phu Urban Investment Co., Ltd. as follows:

-          Transfer value: VND10,500,000,00, equivalent to 35% of Van Phu Urban Investment Co., Ltd.

-          Receiver: NACICO Joint Stock Company

-          Trading time: before December 31, 2021

-          Owning ratio in Van Phu Urban Investment Co., Ltd. after the transfer:

• NACICO Joint Stock Company contributes VND15,000,000,000, or 50% of charter capital;
• Phuc Hung Holdings Construction JSC contributes VND15,000,000,000, or 50% of charter capital.

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