According to the resolution of the shareholders’ meeting dated 15th June 2010, TRIBECO sold its capital contribution in the Binh Duong Tribeco JSC (VND117 billion or 1,170,000 shares) and the Northern Tribeco JSC (VND40 billion or 400,000 shares) with its initial investment value.
Under the accounting standards of the Ministry of Finance, business results of subsidiaries are recorded in the integrated financial statement from the purchase date when the parent company actually takes over the subsidiaries. Business results of liquidated subsidiaries are recorded in the integrated financial statement until the date of liquidation is the date when the parent company actually ends its control of subsidiaries.