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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
1,205.61 28.21 2.4
Volume: 820,079,823 Value: 19,846 (Billions VNĐ)
227.87 5.24 2.35
Volume: 84,654,911 Value: 1,608 (Billions VNĐ)
88.37 0.86 0.98
Volume: 26,021,137 Value: 414 (Billions VNĐ)
1,232.17 31.8 2.65
Volume: 280,577,090 Value: 8,840 (Billions VNĐ)