Tuesday, September 25, 2018 - 2:57:22

strategic partnerships

Foreign acquisitions raise fears of hostile takeovers

Business

Foreign acquisitions raise fears of hostile takeovers

Several foreign investment funds have recently announced intentions to become major shareholders of some listed companies, raising fears that these funds are positioning themselves to carry out hostile takeovers during the market downturn and resulting period of depressed share prices.

Refrigeration Electrical Engineering Corp (REE) earlier this month reported that Singapore-based Platinum Victory Ptl Ltd has became its largest shareholder, accumulating a 10.2-percent interest in the company.

President welcomes Russian oil CEO

Politics

President welcomes Russian oil CEO

President Truong Tan Sang emphasised that Vietnam ’s leaders will always create favorable conditions for oil and gas entrepreneurs in Vietnam and Russia to boost cooperation.

PM meets delegates to nuclear summit in RoK

Politics

PM meets delegates to nuclear summit in RoK

Prime Minister Nguyen Tan Dung on March 27 had meetings with several delegates attending the second Nuclear Security Summit 2012 in Seoul, the Republic of Korea (RoK) as his sideline activities at the summit.