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GMD: Board Resolution _ June 27, 2018 Gemadept Corporation announces the Board resolution dated June 27, 2018 as follows:
1) The Board of Directors approved to adjust the foreign ownership limit at Gemadept Corporation to 49%.
2) The Board of Directors approved to remove the restriction to the shares which are restricted in 01 year from the finish date of private offering (June 20, 2017) in order to swap debts, as follows:
- 87,677,230 shares issued to VI (Vietnam Investments) Fund II, L.P.
- 21,167,446 shares issued to Ms. Le Thuy Huong.
- Official trading date: June 26, 2018
- Trading method: put-through method. HOSE
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