Gemadept Corporation has announced the dissolution and establishment of associated companies as follows:
1.
Gemadept Corporation dissolved MBN-GMD Vietnam Co., Ltd.
MBN-GMD Vietnam Co., Ltd was a foreign invested enterprise, in which
Gemadept contributed 34%. Its business sector was in the bonded warehouse
service. MBN-GMD Vietnam Co., Ltd was granted Notice of Dissolution
No.1184/TB-SKHDT by the Department of Planning and Investment of Hochiminh City
on February 06, 2013.
Reason: The investment license expires.
2.
Gemadept Corporation established a new associated company:
Molenbergnatie – Gemadept Viet Nam Co., Ltd, and increased Gemadept
Corporation’s contributed capital.
In order to maintain business, Gemadept Corporation and the partner was
granted Investment License No.462022000862 dated November 09, 2011 by the Binh
Duong Industrial Zone Management Board to establish Molenbergnatie – Gemadept
Viet Nam Co., Ltd.
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Company name: Molenbergnatie – Gemadept Viet Nam Co., Ltd.
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Business sector: warehouse rental.
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Charter capital: US$500,000. Gemadept Corporation invests
49%.
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Operational duration: 20 years.