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Production cycle, normal business
cycle of production, the normal business of the Company is performed in a period not exceeding 12 months.
Characteristics of the business activities in the fiscal year that affect the financial statements private key
Date 03 January 02 2015, the company together PVI Insurance corporation (a subsidiary of the company) contributed 32.5 billion VND, accounting for 65% of charter capital for the establishment of JSC Fund Management PVI under License No. 55 / GP-SSC Securities Commission of the State.
October 8, 2015, the company together PVI insurance corporation and General Reinsurance corporation PVI (subsidiaries of company) have contributed 440 billion VND to establish PVI Opportunities Fund ( "POF") by notice No. 215 / TB-SSC of the State Securities Commission. POF is managed by JSC Fund Management PVI, uptime of POF is 05 years.
November 12, 2015, the Board of Directors the Company has issued Decision No. 307 / QD-PVI about reducing percentage holding in the capital of the company life Insurance Ltd. PVI Sun life to 25% of charter capital through the transfer of a capital contribution equivalent to 26% of the charter capital of Sun life Assurance partner company of Canada. The transfer of 26% of charter capital was completed by the parties in 2015.
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