The Board resolution dated December 30, 2020, the BOD of Century Land Joint Stock Company (Cen Land) approved the following contents:

1)      Approving to receive the transfer of all shares from shareholders of Century Homes TMĐT Joint Stock Company (Cenhomes):

-          Number of shares owned: 2,550,000 shares, equivalent to 51% charter capital of Cenhomes

-          Number of shares to receive the transfer: 2,450,000 shares, equivalent to 49% charter capital of Cenhomes; Of which:

• To receive the transfer from Mr. Pham Thanh Hung: 50,000 shares;
• To receive the transfer from Cen Group., JSC: 2,400,000 shares.

-          Total shares of Cen Land after receiving the transfer in Cenhomes: 5,000,000 shares, equivalent to 100% charter capital of Cenhomes.

-          Stock type: common share, freely transferable

-          Estimated purchase price: VND 20,000

-          Total value for settlement: VND 49,000,000,000

-          Execution time: December 2020.

2)      Approving to appoint Mr. Nguyen Trung Vu as representative of contributed capital of Cen Land in Cenhomes.