Petrolimex Joint Stock Insurance Corporation (PJICO), one of the top five non-life insurance companies in Viet Nam, signed a co-operation agreement on Thursday with the Republic of Korea’s Woori Bank to boost insurance packages.
Petrolimex Insurance Joint Stock Company (PJICO), with code PGI on the HCM Stock Exchange, will sell 20 per cent of its charter capital to Samsung Fire&Marine Insurance.
Petrolimex Insurance Company (PJICO), code PGI, will issue 20 per cent
of its shares to investors to raise its charter capital to VND1 trillion
(US$44.7 million), it was announced at the annual shareholders'' meeting
on April 21.
Petrolimex Joint-Stock Insurance Corporation (PJICO) has compensated
Chutex Viet Nam Co Ltd in southern Binh Duong Province with VND20
billion, or around US$952,400.
Petrolimex Insurance Corporation (PJICO) will insure three ongoing real
estate projects of Vingroup that have a total investment of nearly VND6
trillion (US$285.7 million).