FCN: BOD resolution on setting up subsidiary at Myanmar

The Board resolution dated January 31, 2019, the Board of Directors of Fecon Corporation (FCN) approved to set up a subsidiary at Myanmar as follows:

-       Company name: Fecon Trung Chinh Myanmar Construction Company Limited

-     Charter capital: VND9,300,000,000, equivalent to USD400,000 (FCN holds 51% charter capital of Fecon Trung Chinh Myanmar Construction Company Limited).

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