The Board resolution dated July 19, 2019, Telecommunications Industry Electronics Joint Stock Company decided to contribute capital for establishing a subsidiary with the following details:
- Company name: TIE Culture Joint Stock Company
- Address: 262A Nam Ky Khoi Nghia, ward 8, district 3, Ho Chi Minh city.
- Charter capital: VND12,400,000,000 (TIE contributed 95% charter capital of TIE Culture JSC).
- To appoint Mr. Tran The Vinh as the representative of stake of Telecommunications Industry Electronics Joint Stock Company in TIE Culture JSC.