VINGROUP JOINT STOCK COMPANY
DECISION OF THE CHIEF EXECUTIVE OFFICER
OF VINGROUP JOINT STOCK COMPANY
(Re: Disclosure regarding the acquisition of shares in Thang Long Real Estate Trading Investment Joint Stock Company)
Article 1: To acquire shares in Thang Long Real Estate Trading Investment Joint Stock Company, as follows:
- Number of shares acquired : 1,400,000 shares, equivalent to VND14,000,000,000 in face value (in words: Fourteen billion Vietnamese dong), representing 28% of the charter capital of Thang Long Real Estate Trading Investment Joint Stock Company.
Once the above-mentioned acquisition of shares has been completed, Vingroup will own 63% of the charter capital of Thang Long Real Estate Trading Investment Joint Stock Company.
Article 2: Effective date
This Decision is effective on the date of signing. Heads of the relevant Divisions/Departments are responsible for implementation.
CHIEF EXECUTIVE OFFICER
(Signed & sealed)
DUONG THI MAI HOA
About Vingroup
Vingroup Joint Stock Company (“Vingroup” or “the Group”), with a market capitalization of USD4.9 billion as of 31 December 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 07 September 2007
More information on the Group can be found at www.vingroup.net.
Issued by: Vingroup Joint Stock Company (VIC), No.: 056/2016/QD-TGD-VINGROUP
Date: 29 December 2016
- Pursuant to the Enterprise Law dated 26 November 2014
- Pursuant to the Charter of Vingroup Joint Stock Company (‘Vingroup”);
- Pursuant to functions, duties and authorities of the Chief Executive Officer of Vingroup.
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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. 655 E-mail: [email protected] | Legal Contact Tel: +84 3974 9999/ ext.770 Email: [email protected] |