An unknown buyer acquired 48% stake in OOCL Logistics (Vietnam) Co., Ltd from Gemadept Corporation (HOSE:GMD) on February 27, 2020. Post completion, Gemadept only holds 1% of the voting rights, the Group no longer controls this company. An unknown buyer completed the acquisition of 48% stake in OOCL Logistics (Vietnam) Co., Ltd from Gemadept Corporation (HOSE:GMD) on February 27, 2020.