According to the Board resolution dated February 10, 2020, the Board of Directors of Hanoi Plastics Joint Stock Company approved to increase the investment in Vietnam Pattern Manufacture and Precision Mechanical Company Limited (VMC) by VND19,031,000,000 in the first quarter of 2020. The charter capital of VMC after the capital increase is expected to be  VND50 billion.

The Board of Directors assigned Mr. Bui Minh Hai, Board Chairman and Legal Representative of the Company, to sign relevant documents to complete the capital increase for Vietnam Pattern Manufacture and Precision Mechanical Company Limited and other related works.

The Board of Directors assigned Mr. Man Chi Trung to continue to be a representative for the stake of Hanoi Plastics Joint Stock Company at Vietnam Pattern Manufacture and Precision Mechanical Company Limited after the capital increase.