SHA: Board Resolution on the Closure of Tra Vinh Branch

The Board of Directors (BOD) of the Company has resolved to close the Tra Vinh Branch in their recent meeting. This decision is based on the branch’s actual operations, which have not achieved expected business effectiveness and are no longer aligned with the company’s upcoming strategic development. Necessary procedures for the dissolution will be carried out in accordance with legal regulations. The company commits to addressing the legal entitlements of the employees at the branch and to fulfilling financial obligations that the branch currently has. The timeline for the dissolution will be announced in a formal notification to relevant parties. The BOD emphasizes that this move aims to optimize resources and enhance the overall operational efficiency of the company.

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