On October 24, 2023, Sao Mai Group Corporation (ASM) announced the Board resolution to approve the capital contribution to establish a new company. Company name: Biology Maiky Japan Company Limited Address: No.29 Tran Hung Dao street, My Thoi ward, Long Xuyen city, An Giang province Charter capital: VND24,000,000,000 Contribution ratio of ASM: 51% charter capital, equivalent to VND12,240,000,000 Legal representative: Mr. Le Quoc Truong.