GMC: GMC sets up a new subsidiary

Sai Gon Garment Manufacturing Trade Joint Stock Company has co-operated with Blue Exchange to set up a new subsidiary Saigon Blue Garment two- member Co., Ltd.

• Business License No. 0311908926 granted by the Department of Planning and Investment of HCMC for the first time on August 03, 2012.
• Company name: Saigon Blue Garment Co., Ltd
• Head office: 332 Luy Ban Bich, Hoa Thanh Ward, Tan Phu District, HCMC
• Functions:

• Manufacture of wearing apparel, except fur apparel
• Weaving of textiles
• Wholesale of other machinery and equipment
• Wholesale of textiles, clothing, footwear
• Wholesale of waste and scrap and other products
• Manufacture of knitted and crocheted fabrics
• Finishing of textiles
• Management consultancy activities
• Other transportation support activities
• Other retail sale in non-specialized stores
• Retail sale of clothing, footwear and leather articles in specialized stores
• Human resources provision and management of human resources functions.

• Charter capital: 86 billion dongs
• Contributed capital: GMC contributed 51% stake, Blue Exchange contributed 49% stake.
• The legal representative of the subsidiary: Mr. Nguyen Hoang Giang – CEO.

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