On January 27, 2022, the State Bank of Vietnam (SBV) issued Decision No. 115/QD-NHNN revising the charter capital substance in the License for the Establishment and Operations of LOTTE Vietnam Finance One Member Limited Liability Company (LOTTE Vietnam Finance).
Accordingly, the SBV has decided to revise Paragraph 2 of License No. 102/GP-NHNN dated November 19, 2019 issued by the SBV Governor to LOTTE Vietnam Finance, to read as follows:
“Article 2. The charter capital of LOTTE Vietnam Finance One Member Limited Liability Company is: VND 1,836,299,610,643 (One thousand eight hundred thirty-six billion, two hundred ninety-nine million, six hundred ten thousand, six hundred forty-three Vietnamese Dongs), of which, 100% is owned by Lotte Card Co., Ltd (Korea).”
This Decision took effect from the date of signing and is an integral part of the License for the Operations No. 102/GP-NHNN dated November 19, 2019. Decision No. 162/QD-NHNN dated February 08, 2021 issued by the SBV Governor revising the charter capital substance in the License for the Establishment and Operations of LOTTE Vietnam Finance is no longer effective from January 27, 2022.
LK