The signing of the memorandum of strategic cooperation is expected to open opportunities for deeper cooperation between SeABank and AEON Financial, so they may become comprehensive partners while maximising the strengths of both parties.
The capital contribution transfer, equivalent to 100 per cent of PTF''s charter capital, followed a contract inked earlier this month between the two companies.
Southeast Asia Commercial Joint Stock Bank (SeABank or SSB) has officially signed a contract to transfer all of its capital at Post and Telecommunications Finance Company Limited (PTF) to AEON Financial Service Co Ltd, at the transfer price of VNĐ4.3 trillion...
AEON considers Viet Nam a key investment destination in the region, with the group planning to pour some US$5 billion into shopping malls nationwide, raising the total to 30 malls and creating jobs for 50,000 local labourers.