On April 05, 2023, March 29 Textile – Garment Joint Stock Company received Notice No. 1406/UBCK-PTTT dated March 31, 2023 from the State Securities Commission that the maximum foreign ownership rate of March 29 Textile – Garment Joint Stock Company at 100% is not clearly determined. Therefore, The State Securities Commission requests the company to adjust a number of businesses that are not accessible to foreign investors in accordance with current law and to submit the notice of the maximum foreign ownership ratio as prescribed in article 142, Degree No. 155/2020/ND-CP.
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