1. Viet Hoang Industrial Joint Stock Company has submitted a notice of termination of investment project activities for the investment project "Investment [...]
1. Viet Hoang Industrial Joint Stock Company has submitted a notice of termination of investment project activities for the investment project "Investment and construction of Viet Hoang commercial center" and accompanying documents (Decision No. 88/QĐHĐCĐ dated May 25, 2023 of the General Meeting of Shareholders of Viet Hoang Industrial Joint Stock Company on terminating the implementation of the Viet Hoang Commercial Center construction project at So Dau New Urban Area, Hong District Bang, Hai Phong city) at Hai Phong Department of Finance on June 6, 2023.
Accordingly, the following investment projects have terminated operations:
– Investment project name: Investment in construction of Viet Hoang commercial center.
– Project objective and scale: Construction of a 21-storey building with uses: Fashion stores, service stores, conference centers, product introduction stores, organization of trade promotion activities, investment, offices for rent...
– Project implementation location: So Dau new urban area, Hong Bang district, Hai Phong city. Expected land area of use: 12,706 m2.
– Total expected investment capital: 175,667,919,000 VND (One hundred seventy-five billion, six hundred sixty-seven million, nine hundred and nineteen thousand VND).
In which: Investor's equity capital: 55,667,919,000 VND Loan capital: 120,000,000,000 VND.
– Operational term of the project: 50 (fifty) years from the date of issuance of the Investment Certificate.
– Project implementation progress:
+ Expected start of construction: September 2008 + Expected completion: December 2010. + Official operation: May 2011.
– Reason for project termination: Viet Hoang Industrial Joint Stock Company decided to terminate the operation of the investment project "Investment in construction of Viet Hoang commercial center" according to the provisions of Point a, Clause 1, Article 48 of the Investment Law 2020.
2. Viet Hoang Industrial Joint Stock Company is responsible for returning the original Investment Certificate No. 02121000202 dated June 30, 2008 issued by the People's Committee of Hai Phong city to the Department of Finance of Hai Phong city (address: No. 1 Dinh Tien Hoang, Minh Khai ward, Hong Bang district, Hai Phong city) in June 2023.
Viet Hoang Industrial Joint Stock Company is responsible for the legality, accuracy and truthfulness of the above investment project termination dossier.
After the investment project terminates operations, Viet Hoang Industrial Joint Stock Company liquidates the Project in accordance with the law on asset liquidation; takes full responsibility for the obligations to the State and related parties (if any) regarding the Project.
3. Hai Phong Department of Finance notifies Viet Hoang Industrial Joint Stock Company to know and implement; Relevant departments and units are informed and implement specialized monitoring and management measures of their agencies and units./.
Procedures
