Ocean Group seeks to offload stake in PVR

Wednesday, Jun 18, 2014 08:00

Ha Noi Times Tower project. — Photo cafef

HA NOI (Biz Hub) — Ocean Group, known as OCG on the HCM City Stock Exchange, was looking to sell its stake in PetroVietnam Premier Recreation Jsc. (PVR) from Thursday to July 17.

OCG was now holding 5.142 million shares of PVR, listed on the Ha Noi Stock Exchange, accounting for 9.68 per cent of PVR's charter capital.

Previously, OCG had registered to sell its entire stake in PVR from May 7 to June 4. However, the deal failed due to price disagreements. — VNS

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