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GMD: Gemadept transfers stake in GIC Holding & GSC Holding On October 01, 2017, the Board of Directors of Gemadept Corporation approved to transfer its stake in Gemadept Shipping Holding Co., Ltd. and Gemadept Logistics Holding Co., Ltd. as follows:
1) Transferred companies:
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No.
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Company name
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Transferee
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Owning ratio before transfer
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Transferred ratio
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Owning ratio after transfer
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1
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Gemadept Shipping Holding Co., Ltd
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CJ Logistics Corporation
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100.00%
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50.90%
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49.10%
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2
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Gemadept Logistics Holding Co., Ltd.
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CJ Logistics Corporation
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100.00%
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50.90%
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49.10%
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The transfer in the field of shipping and logistics does not include the stake of Gemadept Corporation in the following companies:
- Saigon Cargo Service Corporation (SCSC)
- “K” Line-Gemadept Logistics Co., Ltd (KGL)
- YJC Co., Ltd (YJC)
- OOCL Logistics (Vietnam) Co., Ltd.
- ISS-Gemadept Co., Ltd.
- V.N.M GTS Co, Ltd.
- Pacific Shipping Co., Ltd.
2) The signing date of transfer agreement: October 01, 2017. HOSE
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