On October 26, 2020, the Board of Directors of Industrial Urban Development Joint Stock Company No.2 approved a construction contract with Phuc Hieu Co., Ltd. (the firm is related to Mr. Thai Vu Doai, a Board Member).

-          Name of construction unit: Phuc Hieu Co., Ltd. (the firm is related to Mr. Thai Vu Doai, a Board Member)

-          Project: building 45 terraced houses in Residental Area in Buu Long ward, Bien Hoa city

-          Contract value: less than 35% of the Company’s total assets in the latest audited financial statements.