scic to sell stakes in 121 firms in bid to make after tax profit

SCIC to sell stakes in 121 firms in bid to make after-tax profit

State Capital Investment Corporation (SCIC) said it would offload capital in 121 businesses in 2018.
the 21 groups and corporations to be run by the super committee

The 21 groups and corporations to be run by “the Super Committee”

Groups and corporations run by ministries and agencies will be shifted to the Committee for State Capital Management after the launching of this committee.
new regulations issued over operation of scic

New regulations issued over operation of SCIC

The Government has issued two new decrees over the operation mechanism of the State Capital Investment Corporation (SCIC).
94 per cent of vinaconex unmarketable on stock exchange

94 per cent of Vinaconex unmarketable on stock exchange

Only 5.35 million shares of Vietnam Construction and Import-Export JSC (Vinaconex) out of the 96.24 million on offer were sold via the auction organised by State Capital Investment Corporation (SCIC) this morning, indicating that 94 per cent of Vinaconex may be unmarketable.
scics divestment boosts share prices market soars

SCIC’s divestment boosts share prices, market soars

The State Capital Investment Corporation (SCIC) has confirmed it will continue its scheduled competitive share offerings in four companies in the latter half of this month, easing investor concerns over the possibility of a delay after it was yet to disclose the initial bidding prices for these companies as scheduled.
vinaconex share price set at 112

Vinaconex share price set at $1.12

The State Capital Investment Corporation (SCIC) has set the minimum bidding price for the competitive share offering of Viet Nam Construction and Import-Export Joint Stock Corporation (Vinaconex) at VND25,600 (US$1.12) per share.
scic to divest from powerful companies next month

SCIC to divest from powerful companies next month

Next month, State Capital Investment Corporation (SCIC) will divest the state’s stake in a number of large-scale companies, including FPT, Bao Minh Corporation, and Domesco JSC.
foreign investor spends 400 million acquiring vinamilk shares

Foreign investor spends $400 million acquiring Vinamilk shares

A foreign investor spent VND9 trillion ($396.2 million) buying the entire offer of 48.3 million shares in Vietnam Dairy Product JSC (Vinamilk) from State Capital Investment Corporation (SCIC).
333 per cent of state stake in vinamilk to be sold this afternoon

3.33 per cent of state stake in Vinamilk to be sold this afternoon

State Capital Investment Corporation (SCIC) will offload 3.33 per cent state stake at Vietnam Dairy Product JSC (Vinamilk), the leading producer of dairy products in Vietnam, at 2 PM today at the Ho Chi Minh City Stock Exchange. 
scic reveals initial price for vinamilk auction

SCIC reveals initial price for Vinamilk auction

State Capital Investment Corporation (SCIC) has announced the initial price of VND150,000 ($6.62) piece for Vietnam Dairy Product JSC (Vinamilk)’s shares in its second divestment round.
scic to divest three beverage giants

SCIC to divest three beverage giants

Vietnam’s largest listed company Vinamilk (ticker VNM on the Ho Chi Minh Stock Exchange) has finalised procedures to sell 3.3 per cent of the residual stake on November 10, whilst the two brewery giants Sabeco and Habeco have yet to submit their divestment plans.
scic gathers wind for second divestment round in vinamilk

SCIC gathers wind for second divestment round in Vinamilk

State Capital Investment Corporation (SCIC) will organise roadshows to introduce investment opportunities in its 3.33 per cent holding in Vietnam Dairy Products Joint Stock Company (Vinamilk).
vinatex divestment a tough cookie

Vinatex divestment a tough cookie

State Capital Investment Corporation (SCIC) may find it difficult to entirely divest Vietnam National Textile and Garment Group (Vinatex), as the Vietnamese textile and garment industry has been losing popularity.
scic urged to improve vinamilk auction method

SCIC urged to improve Vinamilk auction method

As State Capital Investment Corporation gets ready to sell 3.3 per cent of its shares in Vinamilk, the market expects to see a different outcome from last year’s unsuccessful bidding.
scic to divest additional 333 per cent stake in vinamilk in october

SCIC to divest additional 3.33 per cent stake in Vinamilk in October

State Capital Investment Corporation (SCIC) has published the plan to put a 3.33 per cent stake, equaling 48.3 million shares, in Vietnam Dairy Products Joint Stock Company (Vinamilk) on sale in October.