Through a private placement, BIDV will be issuing 603,302,706 shares, equivalent to 15 per cent of its charter capital to Korea’s KEB Hana Bank, raising its chartered capital to VND40.22 trillion ($1.74 trillion
After 13 years operating in Vietnam, the fund is saying goodbye to the country.
The Vietnam-based media group is still mired in YouTube incident while share prices plummet.
Vietcombank's shareholding in MBBank and Eximbank has dropped to less than five per cent in compliance with the regulations of the State Bank of Vietnam.
Due to financial difficulties, Phuong Nam Cultural Joint Stock Company will sell the remaining 7.5 per cent stake in CJ CGV Vietnam Company Limited, the largest film distributor and cinema operator in Vietnam, at the expected price of VND101 billion, equivalent to $4.34 million.
As soon as becoming Vinatex’s strategic shareholder in 2014, VID Group used the majority of the shares held in Vinatex as collateral for its debt repayment obligations at Maritime Bank, of which the company is also a shareholder.
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.
The Government has decided to divest all of its 34.51 per cent stake in Hanoi Trade Corporation (Hapro) in the initial public offering (IPO) on this March 30.
Mekong Enterprise Fund II (MEF II) managed by Mekong Capital has divested 100 per cent of its investment in Mobile World Investment Corporation (Mobile World) resulting in a gross return of 57 times after the 10.5-year investment period.
Thang Long Investment Group has divested all of its stake in the Thang Long Royal Plaza project after many years of suspension.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
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