The Board resolution dated October 10, 2019, Vietnam Mechanization Electrification & Construction Joint Stock Company approved to transfer 2,681,492 shares in Meco Electricity Development and Investment Joint Stock Company (MECOEDI) to another partner.
After the transfer completes, Vietnam Mechanization Electrification & Construction Joint Stock Company will hold 225,000 shares in Meco Electricity Development and Investment Joint Stock Company, equivalent to 5% charter capital of MECOEDI.