Van Phat Hung Corporation is a Vietnam-based company active in the real estate industry. The Company is involved in the development of residential areas, apartment buildings and nonresidential buildings for rent and for lease. It is also involved in land transfer and house trading. The Company provides real estate brokerage services, consulting services and real property management services, as well as interior design services, architectural services and landscaping services. In addition, it is engaged in the construction of residential and nonresidential buildings, concrete pipe manufacturing and the installation of plumbing, electrical and fire fighting systems. During the year ended December 31, 2012, 57.15% of its revenue came from construction activities. As at December 31, 2012, it had three affiliates.