The Board resolution dated December 25, 2018, Phat Dat Real Estate Development Corp approved to transfer its land use right of 2,332 m2 at Tran Phu Ward, Quang Ngai City, Quang Ngai Province to Mr. Doan Thi Trang (related person to Mr. Nguyen Van Dat – Chairman of BOD) with the transfer value of VND46,640,000,000 (including VAT).