South Korea’s Nonghuypbank is looking at becoming a strategic investor in Agribank as it is due to make an initial public offering (IPO) at the end of this year.
PetroVietnam Gas Corporation (PV Gas) may sell 30 per cent of its total shares to a strategic investor in 2020, the firm’s chairman, Le Nhu Linh, said on Monday.
Electricity of Viet Nam (EVN) said on Monday it received formal registrations from foreign investors to buy 36 per cent charter capital at the Power Generation Corporation 3 (Genco 3).
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.
Power Construction JSC No 1 (PCC1) has sold nearly 11.5 million shares
to the London-traded Vietnam Enterprise Investments Limited (VEIL) for
nearly VND380 billion (US$16.9 million).
Binh Son Refining and Petrochemical Co Ltd (BSR) is willing to sell up
to 49 per cent of its capital to a foreign strategic investor during its
equitisation, which is reportedly appealing to major global energy
companies.
The Airports Corporation of Việt Nam plans to sell some 166 million shares to French airport authority Aéroports de Paris, which is set to become a strategic investor.