1. NIPPON EXPRESS (VIETNAM) CO., LTD

- Name: NIPPON EXPRESS VIETNAM CO., LTD.

- Name: NEV

- Form of Joint Venture: the Joint Venture between TRANSFORWARDING WAREHOUSING CORPORATION - HOCHIMINH CITY (TRANSIMEX-Saigon) - TMS and Nippon Express (Vietnam) Co., LTD – NEV, in which, Transimex Saigon occupies 50%, Nippon Express Co.50%.

- Operation Functions: Forwarding, Import and Export Goods; Bonded warehouses; CFS Warehouse....

- Business Results achieved in 2009: Total revenue: 424,347,653,199 VND; profit before tax: 49,364,188,257 VND.

- Sources of revenue, profits and business management activities of Nippon Express Co. Ltd, are always stable and in increase as compared to the previous year. The collective of staff and employees of the company has gradually accumulated experience in management and professional activities to meet the increasing needs of customers at home and abroad.

- Currently the company is acting as the agent for more than 211 cities and 37 nations around the world

2. FOREIGN TRADE TRANS FORWARDING COMPANY LIMITED.

Name of owner: TRANSFORWARDING WAREHOUSING CORPORATION - HOCHIMINH CITY.

- Name in transaction: TMS | TRANS

- Head office: 7/1 Binh Tho Hamlet, Truong Tho Ward, Thu Duc District.

- Operation: From March 18, 2009

- Lines of business: Cargo transport by road; Coastal and ocean transport of cargoes; Inland Waterway Cargo Transport; Cargo Loading and Unloading; Goods storages (except for business operation in warehouses and yards); packaging service.

- Chartered capital: 16 billion dong.

- Business Results achieved in nine months of 2009: Total revenue: 11,213,521,221 VND.

- Currently, the TMS-TRANS Transport Company has been invested with more than 85 modern tractive units, nearly 200 Trailers. Initially capturing a certain market share in container transport by road.

- Expected in 2010, to invest for another 60 tractive units and 200 trailers.

3. TMS PROPERTY CO., LTD.

- Name of owner: TRANSFORWARDING WAREHOUSING CORPORATION - HOCHIMINH CITY.

- Name in transaction: TMS | BUILDING

- Head office: 172 Hai Ba Trung, Dakao Ward, District 1, HCMC

- Operation: Since March 2009

- Lines of business: Operating the Business of real estates; Storage of goods; Sanitation to housing and construction works; Service in care and maintenance of landscapes; lease of machines; office equipment (including computers); courier services.

- Chartered capital: 80 billion dong.

- Business Results achieved in 2009: Total turnover: 10,573,588,960 VND.

- TMS Building, has a total construction area of 8500 m2 (including 14 floors and 2 basements), in which, TRANSIMEX - Saigon has already used 2 storeys of the buildings as its head office, 100% of the remaining area has been leased. This is also a stable source of revenue, rather large for the company in 2009 and the years to come.

- The Real Estates Company TMS | BUILDING is currently cooperating with Norfolk company for providing and managing the office services in accordance with international standards, suitable for representative offices, businessmen, foreign groups intending to acquire immediately the working offices in Vietnam without wasting much time and expense for the lease of space floors, interior decoration….

4. TRANSIMEX SAIGON – HUU NGHI CORPORATION

- English Name: TRANSIMEX SAIGON – HUU NGHI CORPORATION

- Head office: Lot No. D11, Dinh Tram Industrial Zone, Viet Yen district, Bac Giang province.

- Lines of business: Services in forwarding and shipping agents of import and export goods, public goods by seaways, airways and roadways. Services in operating business in warehouses, maintenance of goods, packaging, marking for import and export goods and other types: bonded warehouse, warehouse for collecting, Container Freight Staiton (CFS), Inland Clearance Depot. Shipping Agents and goods brokerage, services in customs declaration. Services for goods in transit and transshipment of goods to Cambodia, Laos, China. Leasing office. Business in multimodal transportation. Purchase and sale of household furniture, pottery, porcelain, fine art wares, rubber products, rattan products, industrial products, textile and leather garments, agro-forestry and aquatic products, processed foods.

- Chartered capital: 3,000,000,000 VND.

- TRANSIMEX Saigon – Huu Nghi Joint Stock Company was issued license on January 13, 2009 by the Department of Planning and Investment of Bac Giang.

- At present, the Company is investing in the "area for controlling import and export goods and bonded warehouses”. Total investment: 6.8 billion dong.

+ Project schedule: 10 months
+ Commencement of construction: May 2009
+ Bringing into operation: 2010