LIDOVIT TVC

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     LIDOVIT Trading & lndustrial Joint-stock Co. has its predecessor as LIDOVIT Nuts & Bolts Joint-venture Enterprise, established in 1988 as a joint venture between lmport & Export Co. of District 1 (SUNIMEX) and Motorbicycles & Bicycles Enterprise Union owned by Ho Chi Minh City Service of lndustry. ln 1997, LIDOVIT Enterprise belonged to Ben Thanh Group (BTG) and was equitized on Jan. 15, 2004 with its initial Registered Capital of VND 15,000,000,000 (Fifteen billion ViteNam dong), of which Ben Thanh Group accounted for the highest rate, 29%; and the remainder was contributed by the corporate officers and employees and major Customers. LIDOVIT Co. is now a joint-stock company within the system of Ben Thanh Group. So far, in 2012, the corporate Registered Capital has increased to VND 47,024,000,000 (forty seven billion twenty four million Vietnam dong).