Vicem But Son Cement approves related-party cement sales contract

Vicem But Son Cement Joint Stock Company announced on December 25, 2025, the approval of a contract for the sale of cement to Vicem Trading Cement Joint Stock Company, a related party. This decision was made following a resolution from the board of directors on the same date. The approval ensures the company's commitment to related-party transactions, adhering to legal and internal regulations.

The approval follows a proposal from the general director of Vicem But Son Cement Joint Stock Company dated December 17, 2025, and feedback from the board of directors dated December 23, 2025. These documents collectively supported the signing of the cement sales contract with Vicem Trading Cement Joint Stock Company.

The general director of Vicem But Son Cement Joint Stock Company is now responsible for implementing all necessary procedures for signing the contract and any subsequent appendices. This includes ensuring efficiency and compliance with current laws, VICEM regulations, and company policies. The resolution became effective on the date of its signing.