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Decision of the Chief Executive Officer of Vingroup Joint Stock Company(Re: Acquisition of shares of Anh Sao Real Estate Corporation and Hop Nhat Viet Nam Corporation)

20-04-2015


VINGROUP JOINT STOCK COMPANY 

DECISION OF THE CHIEF EXECUTIVE OFFICER

OF VINGROUP JOINT STOCK COMPANY

(Re: Acquisition of shares of Anh Sao Real Estate Corporation and

Hop Nhat Viet Nam Corporation)

 

Article 1:                 Acquisition of shares of Anh Sao Real Estate Corporation

-          Capital to be transferred:

94% of the Charter capital of Anh Sao Real Estate Corporation

-          Transferor:

Shareholders of Anh Sao Real Estate Corporation

Upon the completion of the acquisition of the above-mentioned shares, Vingroup will own 94% of the Charter capital of Anh Sao Real Estate Corporation.

Article 2:                 Acquisition of shares of Hop Nhat Viet Nam Corporation

-          Capital to be transferred:

80% of the Charter capital of Hop Nhat Viet Nam Corporation

-          Transferor:

Shareholder of Hop Nhat Viet Nam Corporation

Upon the completion of the acquisition of the above-mentioned shares, Vingroup will own 80% of the Charter capital of Anh Sao Real Estate Corporation.

Article 3:         Effective date

This Decision shall take effect from the date of signing. The Heads of related departments shall be responsible for the implementation of this Decision.

Hanoi, 15 April 2015

                                                                  CHIEF EXECUTIVE OFFICER

 

    (Signed & sealed)

 

                                                                                                 DUONG THI MAI HOA

 

About Vingroup

 

The Company and its subsidiaries (the "Group"), with a market capitalization of VND64.9 trillion as of April 16, 2015, are the largest listed developer and manager of real estate, hospitality and entertainment properties in Vietnam. The Group has developed a diversified portfolio across six business segments: Property: Vinhomes luxury apartments & villas, Vincom and Vincom Mega Mall shopping centers, and Vincom Office space for lease; Hospitality and entertainment: 5-star Vinpearl Resort, upscale Vinpearl Luxury resorts, Vinpearl Land amusement parks and family entertainment centers, Vinpearl Premium resorts and villas, and Vinpearl Golf Club; Retail: VinMart supermarkets, VinMart+ convenience stores, VinFashion, VinDS chain of specialty retail stores, VinPro electronics and appliance stores, and Adayroi comprehensive E-commerce platform.

 

In addition to these three business segments, Vingroup participates in other segments aimed at improving the quality of life for the Vietnamese people. Among these segments are Healthcare: Vinmec quality healthcare services; Education: Vinschool quality education, and Agriculture: VinEco – Trusted quality source of food and the Group’s newest sector.

 

Vingroup was listed on the HOSE on 07 September 2007

More information on the Group can be found at www.vingroup.net.

 


Issued by: Vingroup Joint Stock Company (VIC), No.: 12/2015/QD-TGD-VINGROUP

Date:   15 April 2015

-          Pursuant to the Enterprise Law dated 29 November 2005

-          Pursuant to the Charter of Vingroup Joint Stock Company (‘Vingroup”);

-          Pursuant to functions, duties and authorities of the Chief Executive Officer of Vingroup.


For enquiries, please contact:

Vingroup Joint Stock Company

Vinhomes Riverside Ecological Urban Area

Viet Hung Ward, Long Bien District, Hanoi, Vietnam

Investor Relations Contact

Tel: +84 3974 9999 / ext. 926

E-mail: [email protected]

Legal Contact

Tel: +84 3974 9999/ ext.770

 Email: [email protected]