HVA Investment Joint Stock Company (HVA Group) officially approved a Resolution on the principle of contributing capital to establish a business at the Vietnam International Finance Center in Da Nang (VIFC-DN). This Resolution establishes the legal basis for the expansion of the Company's capital investment activities in accordance with the direction approved by the Board of Directors.
The adoption of this policy takes place in the context of VIFC-DN being oriented towards developing into a center attracting financial, investment, and related service activities according to international standards. Through this resolution, HVA demonstrates its direction to expand capital investment activities in business models that are consistent with the Company's medium and long-term development strategy.
The investment policy content has been approved.
According to the Resolution, the Board of Directors unanimously agreed on the principle of contributing capital to establish a business at VIFC-DN. The capital contribution will be made in cash, using funds from the Company's legitimate sources.
The aforementioned capital contribution plan is expected to be implemented in the first and second quarters of 2026 to expand HVA's investment activities through participation in the establishment of businesses, in line with the strategic direction approved by the Board of Directors.
Assigning a representative to manage the capital contribution.
The Board of Directors has assigned Mr. Le Hoa Nha, General Director and legal representative of HVA Investment Joint Stock Company, to manage the company's capital contribution in the newly established enterprise.
Within the scope of his assigned duties, Mr. Le Hoa Nha has the right to represent HVA in exercising all the rights and obligations of a shareholder as stipulated by law and the Articles of Association of the invested enterprise. The representative of the capital contribution is responsible for participating in and voting on matters related to the capital contribution within their authority, and for fulfilling the obligation to report fully and promptly and being accountable to the Board of Directors as required by current law.
Organization and implementation
According to the Resolution, the Board of Directors assigns the General Director to organize the implementation of the approved investment plan. This includes deciding on the specific conditions and contents of the capital contribution activities, signing relevant documents, and carrying out all necessary legal procedures in accordance with regulations and authority.
Clearly defining responsibilities for implementation ensures that investment activities are carried out in accordance with governance principles, comply with the law, and align with the policies approved by the Board of Directors.
Effectiveness and accountability for enforcement
This Resolution takes effect from the date of signing. The Board of Directors, the Executive Board, Mr. Le Hoa Nha, and all relevant departments and units are responsible for organizing and fully implementing the contents of this Resolution as stipulated.
By approving the investment plan to establish a business at VIFC-DN, HVA continues to affirm its proactive and disciplined development orientation in capital investment activities, while expanding its scope of participation in investment components consistent with the Company's sustainable development strategy.
