Tags

stake

Digiworld to acquire German partners warranty centres

Digiworld to acquire German partner's warranty centres

The merger with B2X will allow Digiworld to enhance its after-sales service capabilities to international standards.
Foreign investor bids for more REE stake

Foreign investor bids for more REE stake

The transactions will take place between December 24 and January 22, 2021. Platinum Victory holds more than 92.35 million shares at REE, equal to 29.7 per cent of all voting shares.
REE raises ownership in Muong Hum Hydro Power to 49 per cent

REE raises ownership in Muong Hum Hydro Power to 49 per cent

The Refrigeration Electrical Engineering Corporation (REE) has raised its ownership in Muong Hum Hydro Power Co Ltd (MHP) to 49 per cent by completing the acquisition of MHP shares.
Seafood processor Hung Vuong continues to sell assets amid debt burden

Seafood processor Hung Vuong continues to sell assets amid debt burden

Hùng Vương has started to sell its assets since 2017 as part of debt payment rescheduling with creditor banks
VN lures 1.9 billion in FDI in January

VN lures $1.9 billion in FDI in January

Foreign direct investment (FDI) pledged in Viet Nam witnessed a significant yearly increase of 52 per cent to US$1.9 billion in the first month of this year, according to the Ministry of Planning and Investment.
PV Oil to sell States stake

PV Oil to sell State’s stake

PetroVietnam Oil Corporation (PV Oil), the second-largest petrol dealer in the country, will sell the State’s stake in a package deal instead of splitting it into different small sales, news site ndh.vn reported.
Asanzo to call for VNĐ500 billion in capital

Asanzo to call for VNĐ500 billion in capital

Asanzo plans to sell 15 per cent of its stake to call for capital of about VND500 billion (US$21.5 million) from now to 2020, Pham Van Tam, Asanzo chairman.
VNE sells entire stake in Hue Green Tourism

VNE sells entire stake in Hue Green Tourism

Viet Nam Electricity Construction Joint Stock Corporation (VNE) has sold its entire stake in Hue Green Tourism Joint Stock Company for more than VND279.3 billion (US$12.3 million), the company announced.
Talanx AG seeks controlling stake in PVI

Talanx AG seeks controlling stake in PVI

Vice President of Talanx AG Group Christian Hinch has proposed to the Vietnamese Government to raise the ownership ratio of foreign investors at PetroVietnam Insurance (PVI) to 49 per cent.
Government raises US61.5mn from SOE divestment

Government raises US$61.5mn from SOE divestment

The Government raised more than VND1.39 trillion (US$61.5 million) by divesting its stake in State-owned enterprises (SOEs) in the first quarter of this year, according to the Ministry of Finance.
State ownership cut to 51% at Vietnam Airlines

State ownership cut to 51% at Vietnam Airlines

The Ministry of Transport plans to reduce the State ownership stake in Vietnam Airlines Corporation to 51 per cent of the charter capital in 2019.
IHG acquires Regent Hotels and Resorts

IHG acquires Regent Hotels and Resorts

InterContinental Hotels Group (IHG) has acquired 51 per cent stake in Regent Hotels and Resorts for US$39 million, a move that will accelerate its expansion in the luxury hotel segment.
PV Power raises 311 million from IPO

PV Power raises $311 million from IPO

PetroVietnam Power Corporation (PV Power) on Wednesday raised almost VND7 trillion (US$311 million) for the Government by selling a 20 per cent stake at the initial public offering (IPO) held at the Ha Noi Stock Exchange.
BNP Paribas offloads entire stake in OCB

BNP Paribas offloads entire stake in OCB

BNP Paribas has offloaded its entire stake of over 74.7 million shares, or 18.68 per cent of capital, in Orient Commercial Bank (OCB), ending the 10-year alliance between the two banks.
SCIC to sell 21.79% stake at Vinaconex

SCIC to sell 21.79% stake at Vinaconex

The State Capital Investment Corporation (SCIC) will sell 21.79 per cent stake at Viet Nam Construction and Import-Export Joint Stock Corporation (Vinaconex) on December 8.