The Southeast Asia Commercial Joint Stock Bank (SeABank) and Vietnam Post and Telecommunication (VNPT) signed the documents to transfer VNPT finance subsidiary Post and Telecommunication Finance Company Ltd (PTF) to SeABank, by transferring the contributed capital on Friday.
The Viet Nam Post and Telecommunications Group (VNPT) has successfully divested capital from its finance subsidiary, the Post and Telecommunication Finance Company Ltd (PTF).
State Bank of Viet Nam (SBV) has approved the acquisition and transfer of Post and Telecommunication Finance Company Ltd (PTF) between Vietnam Posts and Telecommunications Group (VNPT) and SeABank.
Viet Nam Posts and Telecommunications Group (VNPT) sold its finance subsidiary Post and Telecommunication Finance Company Ltd (PTF) to SeABank at a recent auction.
Viet Nam Posts and Telecommunications Group (VNPT) wants to sell all the assets of its finance subsidiary Post and Telecommunication Finance Company Limited (PTF) for at least VND500 billion (US$21.9 million).