An Quy Hung Company Limited is to mobilize over $300 million to pay the State Capital Investment Corporation, the current owner of Vinaconex before December 5 to aquire the leading real estate and construction firm.
The wave of equitization of large state-owned enterprises has pushed the value of IPOs on Vietnam's stock market to a record in the first quarter of this year.
Viet Nam Southern Food Corporation (Vinafood 2) recorded a business loss in the first half of last year and is maintaining a long-term debt of VND3,770 billion (roughly US$166.26 million).
On December 29, Agribank will auction assets related to Lifepro Vietnam Joint-Venture Company (Lifepro Vietnam) which has caused the loss of nearly VND2.500 trillion (US$110 million) and many staffs of Agribank's South Ha Noi branch to be imprisonment.
Poor results have led to parent company VNPT’s decision to hold an auction for the Post and Telecommunication Finance Company limited (PTF) on February 1, 2018, with the starting price of VND500 billion (roughly US$22.05 million).
Vietnam Posts and Telecommunications Group (VNPT) has registered to auction more than 71.5 million shares of Maritime Commercial Joint Stock Bank (Maritime Bank) in a single-batch sale on Hanoi Stock Exchange (HNX) by January 18, 2018.
May 29 auction attracts 1,026 investors, with sale price averaging VND16,175 ($0.71).
