PC1: Board Resolution on the Investment in Bao Lac A Hydropower Project

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PC1: Board Resolution on the Investment in Bao Lac A Hydropower Project

HOSE - 10/27/2020 3:44:00 PM

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On October 20, 2020, the Board of Directors of Power Construction Joint Stock Company (PC1) approved a plan for setting up a project company to carry out Bao Lac A Hydropower Project as follows:

- Company type: joint stock company

- Company name: Gam River Hydropower Joint Stock Company

- Charter capital: VND30 billion

Of which:

* Power Construction Joint Stock Company owns at least 51%

* The remaining stake will be sold to outside partners.

- Time of implementation: in October 2020.

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