Investment and Trading of Real Estate Joint Stock Company announced the establishment of subsidiary, Royal Hotel Restaurant Tourist Service Joint Stock Company at 18 Nguyen Binh Khiem Street, Da Kao Ward, District 1, Ho Chi Minh City. Charter capital is VND 200,000,000,000 (ITC contributed VND 150,000,000,000; accounting for 75% charter capital of Royal Hotel Restaurant Tourist Service JSC). The legal representative is Mr. Truong Minh Thuan.