An Quy Hung Company Limited has paid the State Capital Investment Corporation, the previous owner of Vinaconex, over $316 million to acquire nearly 58 per cent of Vinaconex’s shares.
T&T Group has recently proposed divesting all of its capital from the Central Transport Hospital, expecting the State to repurchase nearly 8.64 million shares.
The longer time the State capital divestment takes, the greater the risk of competition for Habeco is, especially when their business results are showing signs of deterioration, gradually being left behind by other competitors such as Sabeco and Heineken in the war of gaining market share.
MobiFone’s violations and irresponsibility in the acquisition of a 95-per cent stake in Audio Visual Global JSC (AVG) may cause a serious loss of around VND7 trillion (US$308 million) to the State.
In 2017, the target of revenue from equitization and divestment is VND60 trillion (more than US$2.6 billion) but the sale of shares in Sabeco alone has brought in VND110 trillion (US$4.85 billion).
The State will sell about 430 million shares in the Vietnam Airlines Corporation – JSC (Vietnam Airlines) to reduce its shareholding to 51 per cent of charter capital in the next three years.
A foreign investor spent nearly VND9 trillion (roughly US$396.2 million) acquiring the entire 3.33 per cent of Vietnam Dairy Product JSC (Vinamilk)’s stakes, equaling 48.4 million shares from State Capital Investment Corporation (SCIC).
The State Capital Investment Corporation (SCIC) has announced the price of 3.33 per cent of Vietnam Dairy Product JSC (Vinamilk)’s stakes, equaling 48.4 million shares at VND150,000 (equivalent to US$6.7) each in its second divestment session.
As planned, the State will sell 53.59% stake, worth about US$4.2 billion, in Sabeco.
