PC1 Plans to Withdraw Capital from a Real Estate Company

Recently, PC1 Group Joint Stock Company (stock code: PC1) announced a resolution to terminate its investment in CT2 Real Estate Investment Joint Stock Company. The management is tasked with completing the necessary procedures to withdraw invested capital by March 2026. In December 2020, PC1 contributed 300 billion VND, owning 49% of CT2. Throughout 5 years, the investment value remained unchanged at 300 billion VND. CT2, established in 2016, primarily engages in real estate management. The legal representative is Mr. Tran Luong Dung. Furthermore, PC1 will hold its annual general meeting in April 2026 with a voting rights ratio of 1:1. For 2025, PC1’s revenue was over 13,085 billion VND, up 29.7%, with a profit of nearly 1,365 billion VND, increasing 92.2%. The enterprise achieved 163.3% of its profit target for 2025.

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