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IDICO board approves 800 bn dong capital boost for URBIZ

November 11, 2025 at 06:01 PM UTCBy FilingReader AI

IDICO Corporation – JSC disclosed a Board of Directors' Resolution, dated November 10, 2025, approving an increase in the charter capital of IDICO Urban and Industrial Zone Development Company Limited (IDICO-URBIZ). This decision was made in accordance with Circular No. 96/2020/TT-BTC from the Ministry of Finance.

The resolution specifically approves a capital contribution of 800 billion dong into IDICO-URBIZ. The general director of IDICO Corporation – JSC has been tasked with overseeing the implementation of this resolution, including the execution of all necessary legal documents and procedures to effectuate the capital increase.

This capital injection aims to strengthen IDICO-URBIZ, a key entity in IDICO Corporation's urban and industrial zone development initiatives. The resolution took effect on the date of signing.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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