On January 24, KIDO Group Joint Stock Company (KIDO Group, HOSE: KDC) will hold an extraordinary general meeting of shareholders. At this meeting, in addition to summarizing business activities in 2024, the company will approve the issue of the Celano and Merino ice cream brands owned and managed by the group.

According to the draft submitted to the extraordinary general meeting of shareholders, KIDO Group said that in early 2022, the company carried out procedures to transfer all brands and trademarks from subsidiaries to the group, including the Celano ice cream brand from KIDO Frozen Food Joint Stock Company (KIDO Foods).

In June 2022, KIDO Foods transferred ownership of protected trademarks, including the Celano ice cream brand, to KIDO Group. Then, through an industrial property representative service organization, KIDO Group had its trademark registration certificate amended by the Department of Intellectual Property - Ministry of Science and Technology.

Along with Celano, the Merino ice cream brand has also belonged to KIDO Group since 2013 when the group acquired Wall's ice cream. The Merino ice cream brand was transferred by KIDO Foods to KIDO Group in December 2023.

However, when KIDO Group reduces its ownership ratio and KIDO Foods becomes an affiliated company of this group, the exploitation and use of the two ice cream brands Celano and Merino need to be reconsidered. Therefore, KIDO Group has submitted this content to seek shareholders' opinions at the upcoming extraordinary general meeting.

According to VietNamNet , regarding the dispute over ownership of two Celano ice cream brands, KIDO Group has filed a lawsuit against KIDO Foods. This civil case “Intellectual property rights dispute” is being handled by the Ho Chi Minh City People’s Court.

On January 17, Ho Chi Minh City People's Court issued a decision to apply temporary emergency measures "Prohibiting or forcing certain acts" against KIDO Foods.

Specifically, the Ho Chi Minh City People's Court prohibited KIDO Foods from using (i.e. advertising, promoting, introducing...) the "Celano" brand; forced Dat Viet Media Joint Stock Company not to advertise, promote, or introduce the "Celano" brand in the programs "Anh Trai Say Hi" and "2 Ngay 1 Dem" - 2 music and entertainment programs that are attracting young people.

"This decision takes effect immediately and is enforced in accordance with the provisions of the law on civil enforcement" - Ho Chi Minh City People's Court stated.

Tan Tao Company's shares will be compulsorily delisted.

Tan Tao Company's shares will be forced to delist.

Since the stock was suspended from trading, Tan Tao Company's violations of information disclosure have not been resolved and are likely to continue, affecting shareholders' rights.
'Husband and wife get along' by destroying banana trees to grow tangerines, Lam Dong woman earns a fortune

'Husband and wife get along' by destroying banana trees to grow tangerines, Lam Dong woman earns a fortune

Boldly abandoning banana trees to plant 1 hectare of tangerines, Mrs. Nguyen Thi Nhu Quynh and her husband in Don Duong district (Lam Dong province) earn hundreds of millions of dong each year.