40 Investment and Construction announces major sand ownership transfer

On October 6, 2025, 40 Investment and Construction Joint Stock Company (L40) announced an extraordinary information disclosure regarding a sand ownership transfer contract. This contract, signed on October 5, 2025, with Minh Son Quang Nam Investment and Construction Co., Ltd., involves the transfer of sand ownership and is valued at VND 44,500,000,000.

The contract's value exceeds 10% of L40's total assets, as per its audited semi-annual financial statements for 2025. L40, referred to as Party A, is the entity with sand ownership rights, while Minh Son Quang Nam Investment and Construction Co., Ltd. (Party B) is the sand ownership buyer. The assets include sand delivered to the construction site and sand sold at the yard, with quality determined by mutual agreement. This information was published on the company’s website on October 6, 2025.