Foreign investors have been consistently selling Vinamilk''s (VNM) shares Since the beginning of March, resulting in a cumulative net selling value of over VNĐ2.5 trillion (US$101 million) this year.
A foreign investor, who did not want to be named, bought all 48.3 million shares of Vinamilk offered at an auction at the HCM Stock Exchange on Friday.
DC Developing Markets Strategies Public Ltd Company has registered to buy an additional 500,000 shares of Viet Nam Diary Products Joint Stock Company (Vinamilk).
Two subsidiaries of Fraser & Neave Ltd controlled by Thai billionaire Charoen Sirivadhanabhakdi each bought 39.19 million shares of Vinamilk, or a 2.7 per cent stake, at the minimum price at an auction held at the HCM Stock Exchange on...