Lix Detergent Joint Stock Company Approves the Appointment of Mr. Hoang Manh Thang as Chairman of the BODs

Lix Detergent Joint Stock Company (LIXCO) is a Vietnam-based company engaged in the production of synthetic detergents and cosmetics. The Company manufactures, imports, exports and trades detergent powder, detergent liquid, dish washing liquid, floor cleaner, fabric softener and other cleaning products. It is also involved in the manufacture and trading of chemicals and packagings for its products. In addition, the Company is engaged in real estate operations. During the year ended December 31, 2012, 92.02% of its total revenue came from sale of detergents and other cleaning products. As of December 31, 2012, the Company was a subsidiary of Vietnam National Chemical Corporation (Vinachem), and it had three branches in Hanoi, Bac Ninh Province and Binh Duong Province, Vietnam.