VPH: Van Phat Hung Corp transfers stake at An Hung

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VPH: Van Phat Hung Corp transfers stake at An Hung

HSX - 10/22/2019 10:45:00 AM

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The Board of Directors of Van Phat Hung Corporation on October 16 approved the plan for transferring its stake at An Hung Investment Trading Service Joint Stock Company (*) (of which Van Phat Hung Corporation owns 99% stake at An Hung Investment Trading Service Joint Stock Company) to the partner Lotte Land Co., Ltd.

Accordingly, on October 16, 2019, Van Phat Hung Corporation signed a share sale and purchase agreement with Lotte Land Co., Ltd. Accordingly, Van Phat Hung Corporation will transfer 55% stake at An Hung Investment Trading Service Joint Stock Company to Lotte Land Co., Ltd.

(*) The company name is translated temporarily.

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