SCIC to divest 3.33 percent stake in Vinamilk
Hanoi (VNA) – The State Capital
Investment Corporation (SCIC) will sell 48.33 million shares or 3.33 percent of
its stake in the Vietnam Dairy Products JSC (Vinamilk) in October, SCIC
Chairman Nguyen Duc Chi said.
Speaking at a press conference held in Hanoi on
August 4 on the corporation’s divestment plans, Chi said this is part of the
3.6 percent of the charter capital remaining from the offering in late 2016
when it planned to sell 9 percent of stake.
With 3.33 percent of the stake to be sold this
time, the State will hold 36 percent of shares in Vinamilk.
Details of the offering will be published as
soon as possible, Chi said, adding that SCIC will cooperate with Vinamilk to introduce
investment opportunities for domestic and foreign investors.-VNA