GMD: GMD transfers stake in Hoang Hai Commercial Promote Co., Ltd.

Gemadept Corporation officially signed a contract to transfer 85% of its capital contribution of Hoang Hai Commercial Promote Co., Ltd. (MARPROCO)’s charter capital as VND936,102,000,000 to CJ Group of Korea and 3 subsidiaries of this group.

Before the transaction, MARPROCO owning Gemadept Tower at 6 Le Thanh Ton, Ben Nghe Ward, District 1, HCMC, is a wholly owned subsidiary of Gemadept Corporation.

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