Gemadept puts up in Saigon Commodity Service JSC

Thursday, May 8, 2008
HCM City Department of Planning and Investment recently granted license for the establishment of Saigon Commodity Service Joint Stock Co (SCSC) operating in fields of petroleum trading agent, building bridge, port, civil works, delivery service with an initial chartered capital of 300 billion dong.
In which, listed firm Gemadept invests 23% as a founding shareholder of the company.
Earlier, Gemadept also cooperated with Terminal Link and Transportation Service One Member Limited Co to set up a joint venture with the chartered capital of US$120 million.