ascendas reit acquires 25 per cent stake in galaxis for 7229 million

Ascendas Reit acquires 25 per cent stake in Galaxis for $72.29 million

Ascendas Funds Management Limited, which manages Ascendas Real Estate Investment Trust (Ascendas Reit), on March 31, 2020 announced that Ascendas Reit has acquired a 25 per cent equity stake in the holding entity for Galaxis for SGD102.91 million ($72.29 million) from MBK Real Estate Asia Pte., Ltd., a wholly-owned subsidiary of Mitsui & Co., Ltd.
affinity between minh phu and mitsui to raise vietnamese shrimp

Affinity between Minh Phu and Mitsui to raise Vietnamese shrimp

On August 6, Mitsui's acquisition of a 35.1 per cent stake in Minh Phu Seafood JSC was honoured at the Vietnam M&A Forum 2019 among the 10 most notable M&A deals. Le Van Quang, president cum general director of Minh Phu, said that co-operation with Mitsui will afford Minh Phu the opportunity to become a large corporation capable of affecting the global shrimp industry.
minh phu sells 60 million shares for mitsui

Minh Phu sells 60 million shares for Mitsui

The Board of Directors of Minh Phu Seafood JSC has just approved the resolution to sell 60 million shares to MPM Investments Pte., Ltd., 30 per cent of its capital in the subsidiary.
mitsui invests 100 million in vietnams king of shrimp minh phu

Mitsui invests $100 million in Vietnam’s king of shrimp Minh Phu

Japanese conglomerate Mitsui & Co., Ltd. has committed $100 million to Minh Phu Seafood Corporation – Vietnam’s largest shrimp processing company – in order to help improve its shrimp exports.
pm suggests japans bank enlarge credit scale in vietnam

PM suggests Japan’s bank enlarge credit scale in Vietnam

PM Nguyen Xuan Phuc hoped that Japan will pour more investment in Vietnam to become the largest investor in the nation and the Sumitomo Mitsui Banking Corporation (SMBC) will enlarge the credit scale for Japanese and Vietnamese partners.
nghi son refinery and petrochemicals heading for insolvency

Nghi Son Refinery and Petrochemicals heading for insolvency

Unless PetroVietnam contributes sufficient capital to its joint venture project, lenders will not disburse and Nghi Son Refinery and Petrochemicals LLC (NSRP) will default.  
vietnam growing in appeal among global investors

Vietnam growing in appeal among global investors

Vietnam’s ecosystem possesses a lot of potential for investment, especially because of its political stability, Mr. Joshua I. Chung, Vice President, M&A and Sponsor Finance at Sumitomo Mitsui Banking Corporation, told the “Private Equity & Venture Forum Vietnam 2017” organized by the Asian Venture Capital Journal (AVCJ) in Ho Chi Minh City recently.
sumitomo mitsui expands leasing business with bidv

Sumitomo Mitsui expands leasing business with BIDV

Japan’s Sumitomo Mitsui Trust Bank and Vietnam’s BIDV will join hands to expand a joint venture leasing business in Vietnam, according to Sumitomo Mitsui Trust Holdings’ latest press release.
nghi son refinery may not be eligible for preferential selling price

Nghi Son Refinery may not be eligible for preferential selling price

PetroVietnam may not have to purchase the products of Nghi Son Refinery and Petrochemical Complex (NSRP), a joint venture between PetroVietnam, Kuwait Petroleum International, Idemitsu Kosan, and Mitsui Chemical International, at the preferential price earlier agreed upon.
japan bank signs mou with fia

Japan bank signs MoU with FIA

Japan's Sumitomo Mitsui Banking Corp. (MSBC) is set to help more of its client companies establish business operations in Viet Nam, as they eye investment destinations beyond China.
chevron and its partners extend support to vietnamese children

Chevron and its partners extend support to Vietnamese children

Chevron Vietnam Ltd., PetroVietnam Exploration Production Corporation Ltd. (PVEP), Mitsui Oil Exploration Co., Ltd. (MOECO), and PTT Exploration and Production Plc. (PTTEP) together with the National Fund for Vietnamese Children (NFVC) on June 2 announced an extension to the programme supporting school upgrades and scholarships for more than 800 schoolchildren in the Mekong Delta region in 2014.
mitsui fudosan scopes hanoi eco city plan

Mitsui Fudosan scopes Hanoi eco-city plan

Mitsui Fudosan, a Japanese urban service supplier from Japan is looking to establish a new urban development in northern Hanoi.
nghi son refinery breaks ground

Nghi Son refinery breaks ground

Construction on the Nghi Son oil refinery and petrochemical complex kicked off today as a joint venture between PetroVietnam, Kuwait Petroleum International, Japan’s Idemitsu Kosan and Mitsui Chemicals in the central Thanh Hoa province.
block b gas to power project partners provide scholarships to vietnamese children

Block B gas-to-power project partners provide scholarships to Vietnamese children

Chevron Vietnam Ltd., PetroVietnam Exploration Production Corporation (PVEP), Mitsui Oil Exploration Co., Ltd. (MOECO) and PTT Exploration and Production Public Company Limited (PTTEP) today awarded scholarship certificates to 100 schoolchildren from the Mekong Delta, in a ceremony celebrating a programme developed with the National Fund for Vietnamese Children (NFVC).
eximbank and sumitomo mitsui bank step up partnership

Eximbank and Sumitomo Mitsui Bank step up partnership

Vietnam’s Eximbank and Japan’s Sumitomo Mitsui Banking Corporation are joining hands to further enhance their strategic partnership in Vietnam.