Home Companies

SSC allows 100% foreign ownership in Vinamilk

Jul 22nd at 07:29
22-07-2016 07:29:47+07:00

SSC allows 100% foreign ownership in Vinamilk

The State Securities Commission of Viet Nam has allowed Viet Nam Dairy Products Joint Stock Company (Vinamilk) to increase its foreign stake to 100 per cent.

 

Currently, foreign investors hold a 49 per cent stake in Vinamilk.

The State Capital Investment Corporation (SCIC), which holds more than a 45 per cent stake in Vinamilk, plans to divest from the company. However, SCIC has not yet released a concrete divestment itinerary.

bizhub

MOST READ

NEWS SAME CATEGORY

A Cuong Minerals shares fall sharply
COMPANIES Jul 21st at 14:39

A Cuong Minerals shares fall sharply

Shares of A Cuong Minerals (ACM) were often amongst the lowest valued in the market, and now they have hit an even lower point after the firm was found harming the...

KINDEX Vietnam attracts Korean investors
COMPANIES Jul 20th at 11:09

KINDEX Vietnam attracts Korean investors

KINDEX Vietnam VN30 ETF attracted much attention from Korean investors two weeks after being listed on the Korean Stock Exchange (KRX), according to the HCM City...

Vingroup subsidiary suspends loan swap with furniture firm
COMPANIES Jul 20th at 11:07

Vingroup subsidiary suspends loan swap with furniture firm

Tan Lien Phat Investment and Construction JSC, a subsidiary of Vingroup, has announced the suspension of a loan swap worth VND1.2 trillion (US$53.7 million) with...

Pharma firms to raise FOLs
COMPANIES Jul 18th at 19:00

Pharma firms to raise FOLs

Pharma stocks have continue rising, as drug firms are expected to lift their foreign ownership limits and collaborate with overseas partners.

Vietnam Railways to sell 51% stake in Virasimex
COMPANIES Jul 15th at 19:51

Vietnam Railways to sell 51% stake in Virasimex

Vietnam Railways has offered 51.13 per cent of charter capital in Railway Import - Export and Supply Material Equipment JSC (Virasimex) on July 19, the Ha Noi Stock...

LAS issues shares, raises capital
COMPANIES Jul 15th at 19:49

LAS issues shares, raises capital

Lam Thao Fertilizers and Chemicals JSC (LAS) would issue more than 35 million shares as bonus to its existing shareholders soon.

Vietinbank's profit rises 10.3%
COMPANIES Jul 12th at 20:18

Vietinbank's profit rises 10.3%

Vietinbank on Monday reported a profit of VND4.273 trillion (US$190.75 million) in the first half of the year, up 10.3 per cent against the same period last year.

Vietcombank's profits rise 38%
COMPANIES Jul 12th at 11:19

Vietcombank's profits rise 38%

Bank for Foreign Trade of Viet Nam (Vietcombank) earned nearly VND4.2 trillion (US$186.7 million) in pre-tax profits till June 2016, up 38 per cent over the same...

Demand for SPS shares surges
COMPANIES Jul 11th at 19:22

Demand for SPS shares surges

Twenty-five investors have registered to buy 9.3 million shares in Saigon Petroleum Service Corporation (SPS).

SFC wants to buy more than 30 per cent of Foodsaco
COMPANIES Jul 11th at 19:12

SFC wants to buy more than 30 per cent of Foodsaco

Sai Gon Fuel Joint Stock Company (SFC) registered to buy over 9.7 million shares, or nearly 33 per cent, of stakes in HCM Food One Member Company (Foodcosa) when...

Read More

MOST READ

Back To Top