TRANSFORM HIGH-TECH CDs, DVDs FACTORY TO LOCK MANUFACTURE PROJECT

Modenturn High Technology Development Investment Company Limited (VIT – HiTech) – a member company of VIT Group has planned to change the Project’s investment target from CD and DVD production to “Manufacture of products, locking components, showers and equipment made of metal, meeting the production and consumption needs of businesses and the domestic population and for export” with total capital investment is up to 13.500.000 USD

Penfield has supported VIT in assessing the current legal status of the Project and completing the investment profile in accordance with the new development orientation.