On November 3, 2018 The General Meeting of Shareholders 525 Construction Construction Joint Stock Company  decided to approve the acquisition of 50% shares in Asia Renewable Energy Joint Stock Company for investment Factory project Thuan Nhien Phong wind power in Binh Thuan province. Up to now, the Company has invested to hold  28.63%  of the shares of  Asia Renewable Energy Joint Stock Company.

Asia Renewable Energy Joint Stock Company with registered charter capital of 2000 billion VND, actual contributed capital is 122.7 billion VND

Describe project:

– Project name: Thuan Nhien Phong wind power plant

– Factory capacity: 32MW

– Total investment: 1,499 billion VND

– Investment location: Hong Chinh village, Hoa Thang commune, Bac Binh district, Binh Thuan province

– Owner: Asia Renewable Energy Joint Stock Company (headquartered at 35 Ton Duc Thang, Ben Nghe Ward, District 1, Ho Chi Minh City. Enterprise code number 0305536959 issued for the first time on 06.06. March 3, 2008, registered for the 16th change on February 9, 2018)