FilingReader Intelligence

PV2 divests from SAM smart automation management

November 20, 2025 at 06:00 PM UTCBy FilingReader AI

On November 18, 2025, PV2 Investment JSC's board of directors unanimously approved the divestment from SAM Smart Automation Management. This decision follows an earlier resolution on December 12, 2024, to contribute VND 3,860,000,000, representing 39% of SAM's VND 9,900,000,000 charter capital.

PV2 had already contributed VND 2,500,000,000, but other founding shareholders failed to meet their initial capital commitments, hindering the project's fundraising goals. This shortfall in charter capital significantly impacted SAM's feasibility and operational stability.

The divestment involves withdrawing the entire VND 2,500,000,000 contributed capital and terminating further capital contribution obligations. PV2's general director is tasked with overseeing the legal procedures for divestment and capital recovery, prioritizing the company's best interests.

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

News Alerts

Get instant email alerts when PV2 Investment JSC publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →