VINGROUP JOINT STOCK COMPANY
DISCLOSURE REGARDING THE RECEIPT OF THE COURT’S DECISION
On 21 November 2016, Vingroup JSC ("Vingroup") has received the Decision No. 20/2016/ QDDC-KDTM dated 28 October 2016 of the People's Court of Long Bien District, Hanoi (the Court) which states:
- Termination of the legal proceeding on commercial trading case regarding the dispute over loan agreement between Thai Kieu Limited Liability Company, located at No. 135/37/50 Nguyen Huu Canh, Ward 22, Binh Thanh District, Ho Chi Minh City, as the plaintiff, and Vingroup JSC, as the defendant.
- Reason: during the proceeding, the plaintiff has withdrawn its complaint and the withdrawal have been approved by the Court.
Legal Representative
Chief Executive Officer
(signed & sealed)
DUONG THI MAI HOA
About Vingroup
Vingroup Joint Stock Company (“Vingroup” or “the Group”), with a market capitalization of USD5.0 billion as of 31 October 2016, is one of the largest listed companies in Vietnam, as measured by market capitalization.
After 23 years of growth, Vingroup today bases its strategy on the principles of sustainability and professional management to operate in three main business segments. These are:
Property Vinhomes luxury apartments and villas, and Vincom high quality shopping malls.
Hospitality and Entertainment Vinpearl 5–star and 5– star–plus resorts, and Vinpearl Land amusement parks and family entertainment centers.
Consumer Retail VinCommerce manages VinMart supermarkets and VinMart+ convenience stores, VinPro electronics and ICT stores, VinDS consumer lifestyle specialty retail stores, and Adayroi comprehensive e–commerce.
In addition to these core business segments, Vingroup also develops and operates businesses in Social Infrastructure Services including Healthcare under the Vinmec brand, Education under the Vinschool brand and Agriculture under the VinEco brand. These social infrastructure businesses are aimed at improving the standards of living in communities throughout Vietnam.
Vingroup was listed on the HOSE on 7 September 2007
More information on the Group can be found at www.vingroup.net.
Issued by: Vingroup Joint Stock Company (VIC), No.: 1109/2016/CV-TGD-VINGROUP
Date: 22 November 2016
| For enquiries, please contact Vingroup JSC Vinhomes Riverside Eco-Urban Area Viet Hung Ward, Long Bien District, Hanoi, Vietnam
Investor Relations Contact Tel: +84 3974 9999 / ext. 655 E-mail: [email protected] | Legal Contact Tel: +84 3974 9999/ ext.770 Email: [email protected] |