Information Disclosure
Approval of the Principle of Entering into Construction Contracts and Related-Party Transactions with GBCons Co., Ltd.
Board Resolution No. 48/2026/NQ-HĐQT dated June 23, 2026
Enterprise: Construction Joint Stock Company 47
Stock Code: C47
Resolution Date: June 23, 2026
Subject: Related-party transactions with GBCons
Construction Joint Stock Company 47 (CC47) hereby discloses information regarding the Board of Directors’ Resolution approving the principle of entering into construction contracts and transactions between Construction Joint Stock Company 47 and its related party, GBCons Co., Ltd..
The Resolution was approved by the Board of Directors on June 23, 2026; details of the transactions are set out in Resolution No. 48/2026/NQ-HĐQT.
Information Disclosure Content
- CC47 discloses Board Resolution No. 48/2026/NQ-HĐQT dated June 23, 2026 approving the principle of entering into construction contracts and related-party transactions with GBCons Co., Ltd.
- The selected contracting party is GBCons Co., Ltd., a subsidiary of CC47, located at 11 Bien Cuong Street, Quy Nhon Nam Ward, Gia Lai Province, Vietnam.
- The total transaction value is determined to be less than 35% of CC47’s total assets as reported in its most recent financial statements.
Key Contents of the Resolution
- Approval of the principle of entering into construction contracts between CC47 and its related party, GBCons Co., Ltd.
- Effective period: commencing from May 10, 2026 and subject to adjustment from time to time in accordance with the operational requirements of CC47 and GBCons Co., Ltd.
- Scope of contracts: including, but not limited to, construction and installation works; labor hire/provision; rental and leasing of vehicles and machinery serving construction activities; supply of materials, fuels, construction materials and other related contracts and transactions between CC47 and GBCons (and vice versa, where applicable).
- Contract pricing mechanism: prices shall be determined and selected in accordance with CC47’s Procurement Regulations and approved by the competent authority in compliance with CC47’s Charter and Financial Regulations.
- The contract value for each transaction may vary depending on the specific agreements reached between CC47 and GBCons Co., Ltd. at any given time.
- The Board unanimously authorizes Mr. Duong Minh Quang – General Director (the legal representative of CC47), and permits him to further delegate authority to other managers, to undertake the following tasks:
(i) Determine the specific terms and conditions of the Transaction Documents;
(ii) Execute and implement the Transaction Documents;
(iii) Decide upon and carry out all other necessary actions to complete and ensure the validity and effectiveness of the Transactions.
Attached Information Disclosure Documents
This information is disclosed in accordance with Extraordinary Information Disclosure Notice No. 28/2026/CC47-CBTT dated June 24, 2026.
C47