Phat Dat Real Estate Development Corporation
Interim Separate Financial Statements
30th September 2021
Phat Dat Real Estate Development Corporation
CONTENTS | |
Pages | |
General information | 1 - 2 |
Report of the Board of Management | 3 |
Interim separate balance sheet | 4 - 5 |
Interim separate income statement | 6 |
Interim separate cash flow statement | 7 - 8 |
Notes to the interim separate financial statements | 9 - 40 |
Phat Dat Real Estate Development Corporation
GENERAL INFORMATION
THE COMPANY
Phat Dat Real Estate Development Corporation ("the Company") fomerly known as Phat Dat Housing Construction and Trading Joint Stock Company, is a shareholding company incorporated under the Law on Enterprises of Vietnam pursuant to the Business Registration Certificate ("BRC") No. 4103002655 issued by the Department of Planning and Investment of Ho Chi Minh City on 13th September 2021 with amendments as follows:
BRC amendments: | Date: |
4103002655 | |
1st amendment | 11th December 2004 |
2nd amendment | 16th November 2005 |
3rd amendment | 11th July 2006 |
4th amendment | 19th December 2006 |
5th amendment | 23rd April 2007 |
6th amendment | 24th May 2007 |
7th amendment | 29th November 2007 |
8th amendment | 23rd January 2008 |
9th amendment | 29th February 2008 |
10th amendment | 29th June 2009 |
0303493756 | |
11th amendment | 27th August 2009 |
12th amendment | 04th December 2009 |
13th amendment | 04th May 2010 |
14th amendment | 13th September 2010 |
15th amendment | 22nd October 2010 |
16th amendment | 03rd November 2010 |
17th amendment | 28th January 2011 |
18th amendment | 11th August 2011 |
19th amendment | 22nd September 2011 |
20th amendment | 16th May 2012 |
21st amendment | 15th August 2012 |
22nd amendment | 04th September 2015 |
23rd amendment | 01st October 2015 |
24th amendment | 07th June 2017 |
25th amendment | 05th June 2018 |
26th amendment | 14th May 2019 |
27th amendment | 07th May 2020 |
28th amendment | 03rd July 2020 |
29th amendment | 20th November 2020 |
30th amendment | 20th April 2021 |
31st amendment | 17th May 2021 |
The Company's shares were listed on the Ho Chi Minh Stock Exchange ("HOSE") in accordance with the License No. 1207/SGDHCM-NY issued by the HOSE on 9th July 2010.
The current principal business activities of the Company are to construct and trade residential properties, to undertake the civil, industrial, and infrastructure construction projects, to provide real estate brokerage and valuation services, real estate trading center and management.
The Company's registered head office is located at Floors 8 and 9, Tower B, Viettel Complex Building, 285 Cach Mang Thang Tam, Ward 12, District 10, Ho Chi Minh City, Vietnam.
1
Phat Dat Real Estate Development Corporation
GENERAL INFORMATION
BOARD OF DIRECTORS
Members of the Board of Directors during the period and at the date of this report are:
Mr. Nguyen Van Dat | Chairman |
Ms. Tran Thi Huong | Vice Chairwoman |
Mr. Nguyen Tan Danh | Vice Chairman |
Mr. Bui Quang Anh Vu | Member |
Mr. Le Quang Phuc | Member |
Mr. Doan Viet Dai Tu | Member |
Mr. Khuong Van Muoi | Independent member |
Mr. Tran Trong Gia Vinh | Independent member |
Mr. Le Minh Dung | Independent member |
AUDIT COMMITTEE / INTERNAL AUDIT COMMITTEE
According to the Resolutions No. 09B/2021/QĐ-HĐQT of the Board of Directors dated 31st March 2021, the Company changed the name of the Internal Audit Committee to Audit Committee. Members of the Audit Committee/Internal Audit Committee during the period and at the date of this report are:
Mr. Tran Trong Gia Vinh | Head of Audit Committee | Appointed on 31st March 2021 |
Ms. Tran Thi Huong | Member | Appointed on 31st March 2021 |
Mr. Le Quang Phuc | Member | Appointed on 31st March 2021 |
Ms. Nguyen Thi Thu Nguyet | Head of Internal Audit Committee | Dismissed on 31st March 2021 |
Mr. Vo Hoang Tu | Member | Dismissed on 31st March 2021 |
Mr. To Minh Tai | Member | Dismissed on 31st March 2021 |
BOARD OF MANAGEMENT
Members of the Board of Management during the period and at the date of this report are:
Mr. Bui Quang Anh Vu | Chief Executive Officer | |
Mr. Nguyen Thanh Thao | Vice President - Finance | |
Mr. Duong Hong Cam | Vice President - Investment | Appointed on 3rd May 2021 |
Mr. Nguyen Dinh Tri | Vice President - Construction | Appointed on 3rd May 2021 |
LEGAL REPRESENTATIVES
The legal representatives of the Company during the period and at the date of this report are:
Mr. Nguyen Van Dat | Chairman of the BOD |
Mr. Bui Quang Anh Vu | Chief Executive Officer |
AUDITORS
The auditor of the Company is Ernst & Young Vietnam Limited.
2
Phat Dat Real Estate Development Corporation
REPORT OF THE BOARD OF MANAGEMENT
The Board of Management ("BOM") of Phat Dat Real Estate Development Corporation ("the Company") is pleased to present the interim separate financial statements for Quarter III - 2021 of the Company for the accounting period ended 30th September 2021.
BOM'S RESPONSBILITIES IN RESPECT OF THE INTERIM SEPARATE FINANCIAL STATEMENTS AS OF QUARTER III - 2021
The BOM is responsible for the interim separate financial statements of the Company of each accounting period which give a true and fair view of the interim separate financial position during the quarter, and of the interim separate results of its operation and the interim separate cash flows of the Company for the period. In preparing these interim separate financial statements for Quarter III - 2021, the BOM is required to:
- Select suitable accounting policies and then apply them consistently;
- Make judgements and estimates that are reasonable and prudent;
- State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the interim separate financial statements for Quarter III - 2021 and
- Prepare the interim separate financial statements for Quarter III - 2021 on the going concern basis unless it is inappropriate to presume that the Company will continue its business.
The BOM is responsible for ensuring that proper accounting records are kept which disclose, with reasonable accuracy at any time, the interim separate financial position of the Company and to ensure that the accounting records comply with the applied accounting system. The BOM is also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The BOM confirmed that it has complied with the above requirements in preparing the accompanying interim separate financial statements for Quarter III - 2021.
STATEMENT BY THE BOARD OF MANAGEMENT
The Board of Management does hereby state that, in its opinion, the accompanying interim separate financial statements for Quarter III - 2021 give a true and fair view of the interim separate financial position for Quarter III - 2021 of the Company as at 30th September 2021, and of the interim separate results of its operations for Quarter III - 2021 and its interim separate cash flows for the period then ended in accordance with Vietnamese Accounting Standards, Vietnamese Enterprise Accounting System and the relevant statutory requirements.
The Company has subsidiaries as disclosed in Note No. 15 of the interim separate financial statements. The Company also prepared consolidated financial statements of the Company and its subsidiaries ("the Group") for Quarter III - 2021 ended 30th September 2021 to meet the prevailing requirements in relation to the disclosure of information.
Users of the interim separate financial statements should read them together with the said consolidated financial statements in order to obtain full information of the consolidated financial position, consolidated results of operations and consolidated cash flows of the Group.
For and on behalf of the Board of Management
(Signed and sealed)
Bui Quang Anh Vu
Chief Executive Officer
18th October 2021
3
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original document
- Permalink
Disclaimer
Phat Dat Real Estate Development Corp. published this content on 18 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 October 2021 09:23:04 UTC.