SVC: Capital contribution to establish a subsidiary

HOSE - 25/11/2022 4:37:00 PM

The Board resolution dated November 24, 2022, the BOD of Saigon General Service Corporation (Savico) approved to contribute capital for establishing a subsidiary. Here are the specifics:

-          Company name (estimated): Savico Southern Investment Development JSC

-          Head office address: No.68 Nam Ky Khoi Nghia, Nguyen Thai Binh ward, district 1. Ho Chi Minh.

-          Charter capital: VND20,000,000,000 (Savico contributes 98% charter capital of Savico Southern Investment Development JSC, equivalent to VND19,600,000,000).

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