VJC: Setting up a subsidiary

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VJC: Setting up a subsidiary

HOSE - 7/6/2020 4:59:00 PM

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VietJet Aviation Joint Stock Company announces Board Resolution No.21-20/VJC-HDQT-NQ dated June 26, 2020 as follows:

On June 26, 2020, the Board of Directors of VietJet Aviation Joint Stock Company approved the establishment of a subsidiary providing intermediary payment services with an initial charter capital of 50 billion dongs. The Board of Directors assigned Ms. Ho Ngoc Yen Phuong, Deputy CEO cum CFO to be the representative for the stake of VietJet at the subsidiary.

This resolution takes effect from the date of signing and replaces Board Resolution No.18-20/VJC-HDQT-NQ dated June 12, 2020.

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