Gelex Group: Gelex gives up logistics core to widen foothold in industrial park development

Gelex is letting go of one of its core business lines to solidify its foothold in industrial park real estate Vietnam Electrical Equipment JSC (Gelex) has issued the decision to divest its 100 per cent holding in Gelex Logistics Co., Ltd. which has a charter capital of VND1.21 trillion ($52.6 million). According to Gelex's report, in 2019, [...]