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Korean Hanwha fund spends $400 million acquiring Vingroup's preference shares

Vingroup has just announced an issuance of 84 million preference shares on a private offering basis to Hanwha Vietnam Opportunity Fund 1, which is invested by Hanwha Asset Management Co., Ltd. of Hanwha Group, with the total issuance value of over VND9,300 billion ($400 million).

Korean firm acquires TNR Tower in HCMC

Korean business media have confirmed that Korea-based Hanwha Life Insurance Co.(Hanwha) is providing funds for Seoul-based Koramco Asset Management Co. (Koramco) to acquire TNR Tower Nguyen Cong Tru for a selling price of US$62 million.

Stock indexes
1,051.81 1.28 0.12
Volume: 788,203,123 Value: 12,948 (Billions VNĐ)
217 1.63 0.76
Volume: 121,923,392 Value: 1,831 (Billions VNĐ)
71.6 -0.02 -0.03
Volume: 59,302,078 Value: 649 (Billions VNĐ)
1,065.08 2.35 0.22
Volume: 236,860,100 Value: 5,438 (Billions VNĐ)