Board of directors of FLC FAROS Construction Joint Stock Company approved the set up a subsidiary as follows: Name of company is FLC Faros Binh Dinh Investment and Development Company Limited. Short name is FLC FAROS BINH DINH CO., LTD. Address: Area 4, Nhon Ly – Cat Tien Beach Resort, Nhon Ly commune, Quy Nhon city, Binh Dinh province, Vietnam. Charter capital was VND 100,000,000,000. Capital contribution ratio is contributed 100% of charter capital in FLC Faros Binh Dinh Investment and Development Company Limited. Representative of stake: Ms. Vu Dang Hai Yen is representative of stake of ROS in FLC Faros Binh Dinh Investment and Development Company Limited.