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Two American investment funds pay more than VND15 billion to own 360,000 shares of the FPT Corporation. Photo vietq.vn
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HA NOI (Biz Hub) — The Viet Nam Securities Depository announced that the Lotus-Mekong River Equity Fund transferred 360,000 shares of the FPT Corporation worth more than VND15 billion (US$714,290) to two US investment funds last Friday.
Forward International Dividend Fund received 300,000 shares while Forward Select Em Dividend Fund got 60,000 shares. The two funds are managed by the US's Forward Management LLC based in San Francisco.
At the close of session last Friday, FPT shares were trading at VD43,500 ($2.07). — VNS