The Board resolution dated February 11, 2022, the BOD of Clever Group Corporation approved the following issues:
- Approving the additional capital contribution in Clever Review Corporation. Details are as follows:
- Total capital before additional contribution: 10,500,000,000 dongs, equivalent to 1,050,000 shares, accounting for 70% charter capital of Clever Review Corporation.
- Additional contribution capital: 10,500,000,000 dongs
- Toal capital after additional contribution: 2,100,000 shares, equivalent to 21,000,000,000 dongs, accounting for 70% charter capital of Clever Review Corporation.
- Approving the capital contribution to establish a subsidiary:
- Company name: OJO Electronic Trading Joint Stock Company
- Contribution capital value: 450,000,000 dongs, equivalent to 45,000 shares in OJO Electronic Trading Joint Stock Company
- Ownership ratio: 90% charetr capital of OJO Electronic Trading Joint Stock Company.