Nagakawa Group amends corporate charter, updates governance framework

Nagakawa Group JSC announced the release of its 16th amended Charter, effective September 30, 2025. This updated charter comprises 21 chapters and 56 articles, unanimously approved by the general meeting of shareholders. The company's registered capital is set at VND 386,202,350,000, divided into 38,620,235 common shares, each with a par value of VND 10,000.

The amendments confirm that all common shares in the company as of the charter’s approval date are ordinary shares. The board of directors may propose an increase in charter capital, issue other types of preferred shares, and conduct buybacks of the company’s own shares, all subject to general meeting of shareholders’ approval and compliance with current laws.

The charter outlines that the general director is the sole legal representative of the company. It also details the composition and responsibilities of the board of directors, requiring a minimum of three and a maximum of eleven members, with at least one-third being non-executive directors. The board of directors must appoint a general director for a five-year term, with the possibility of reappointment.