Specifically, the new legal entity will be named My Xuan Hanoi House Joint Stock Company, with a charter capital of nearly 160 billion VND.
In which, Lideco will contribute capital in cash with 70.65 billion VND, accounting for 45% of charter capital, in accordance with the previous joint venture ratio at the complex of high-rise buildings combining commercial services and offices at point X3 (phase 2) in Cau Dien town, Tu Liem, Hanoi.
The company's Board of Directors also assigned Mr. Nguyen Van Kha and Mr. Dinh Quang Chien as capital management representatives at My Xuan Hanoi House Joint Stock Company with the representative capital of 40.65 billion dong (equivalent to 4,065 million shares). shares) and 30 billion VND (equivalent to 3 million shares).
Previously, at the Annual General Meeting of Shareholders held in April, Lideco shareholders also approved an investment plan for the aforementioned complex project. The representative of the company also added that this project has a total investment of about VND 820 billion, will joint ventures with 4 other investors to establish a new legal entity to jointly implement.
After a delay due to problems in making paperwork, currently, the project has been approved by Hanoi City to change the purpose of land use to build a complex of high-rise housing combined with offices. Construction design procedures, other construction procedures are also being completed by the investor.
Expected, the project will start in quarter 4/2016.
In addition to the above projects, Lideco is also investing in building many other large-scale projects such as Dich Vong new urban area, North Highway 32, housing project X1 in Tu Liem and some works in Quang Ninh. like a 30-storey apartment building with a capital of 750 billion VND; 22 ha urban area with a total investment of 370 billion VND, ...
https://cafeland.vn/tin-tuc/lideco-bat-tay-doi-tac-thuc-hien-du-an-820-ty-tai-ha-noi-62174.html
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