WHA sets up subsidiary in Vietnam to pursue logistics business with registered capital of 5,228,600,000 Vietnamese dong

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Summary · why it matters

WHA Corporation, or WHA, disclosed that WHA Venture Holding Company Limited, a subsidiary in which the company holds approximately 100 percent, has established a new subsidiary in Vietnam under Vietnamese law named WHA Vietnam Logistics Development Company Limited to operate a logistics business in Vietnam. The new company has registered capital of 5,228,600,000 Vietnamese dong, or approximately 6,692,608 baht, with WHA Venture Holding Company Limited holding a 100 percent investment stake. The source of the investment funds comes from the company's working capital.

Impact on assets 1

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WHA Venture Holding Co., Ltd.Private▲ Positive
Capitalrelevance

WHA Venture Holding Company Limited funds and holds 100% of the newly established Vietnam logistics subsidiary.

WHA Vietnam Logistics Development Company LimitedPrivate▲ Positive
Capitalrelevance

Newly established WHA Vietnam Logistics Development Company Limited is the entity created to run the Vietnam logistics business.