HPX: BOD approves to increase stake to subsidiary

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HPX: BOD approves to increase stake to subsidiary

HSX - 3/13/2019 3:04:00 PM

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The Board resolution dated March 11, 2019, the Board of Directors of Hai Phat Investment Joint Stock Company approved to raise charter capital from VND100,000,000,000 to VND710,000,000,000 for Hai Phat Real Estate Business and Investment Joint Stock Company. Accordingly, Hai Phat Investment Joint Stock Company bought 61,000,000 shares, equivalent to VND610,000,000,000.

After the charter capital increased, the stake value of Hai Phat Investment Joint Stock Company in Hai Phat Real Estate Business and Investment Joint Stock Company to VND680,000,000,000, equivalent to 68,000,000 shares, accounting for 95.775% charter capital of Hai Phat Real Estate Business and Investment Joint Stock Company.

To appoint Mr. Do Quy Hai as the representative of stake of Hai Phat Investment Joint Stock Company in Hai Phat Real Estate Business and Investment Joint Stock Company.

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