Vietnam National Reinsurance Corporation amends charter, boosts capital to VND 2 trillion

The Vietnam National Reinsurance Corporation (VINARE) announced amendments to its organizational and operational charter, effective September 29, 2025. This update, approved by the board of directors, follows a general meeting of shareholders' resolution on April 28, 2025, and a directive from the State Securities Commission on August 8, 2025, regarding the issuance of shares for dividend payments.

A key change is the increase in the company's charter capital to VND 2,006,302,480,000, equivalent to 200,630,248 shares, each with a par value of VND 10,000. These changes reflect the company's updated capital structure and operational guidelines. The revised charter consists of 21 chapters and 63 articles.

The charter clarifies various definitions, including "charter capital" and the roles of governing bodies such as the general meeting of shareholders, board of directors, and supervisory board. It also details shareholder rights, corporate governance, and the company's operational scope, including its business activities, financial reporting, and dispute resolution mechanisms.