vpbank to set fol at 30 per cent after private placement

VPBank to set FOL at 30 per cent after private placement

VPBank (HSX: VPB) is looking to raise capital through a private placement in the upcoming months, then lift its foreign ownership limit (FOL) to 30 per cent and invite potential foreign investors to pay a premium price for its stakes, said the bank’s chairman at the annual general meeting (AGM) held on March 19.
cuu long pharmaceutical swimming upstream

Cuu Long Pharmaceutical swimming upstream

While Vietnamese enterprises in general and pharmaceutical firms in particular tend to increase the foreign ownership limit (FOL), Cuu Long Pharmaceutical JSC (Pharimexco), a member of F.I.T Group, goes against the stream by decreasing the FOL to 32.57 per cent.
vietnam italy steel to remove foreign ownership limit

Vietnam Italy Steel to remove foreign ownership limit

Vietnam Italy Steel JSC (VIS), in which Japanese Kyoei Steel holds 25 per cent, plans to remove the foreign ownership limit (FOL) to prepare for its long-term development plan.
techcombank to receive 370 million investment from warburg pincus

Techcombank to receive $370-million investment from Warburg Pincus

Following the reopening of its the foreign ownership limit (FOL) to 8.54 per cent the week before, Techcombank (OTC: TCB) announced today that global private equity firm Warburg Pincus will invest over $370 million into the bank, subject to local regulatory approval.
techcombank adjusts fol to 854 per cent to approach foreign investors

Techcombank adjusts FOL to 8.54 per cent to approach foreign investors

Techcombank on March 3 announced at its annual general meeting (AGM) that it has lifted its foreign ownership limit (FOL) to 8.54 per cent in a quest to offload its treasury shares bought back last year from HSBC to foreign investors potentially from the US or the EU.
foreign ownership limit drives investors from vietnamese banks

Foreign ownership limit drives investors from Vietnamese banks

Over the past three years, numerous foreign investors made noteworthy divestments at Vietnam-based commercial banks due to the inconsiderable ownership
thaibev set to buy 51 per cent of sabeco through vietnamese unit

ThaiBev set to buy 51 per cent of Sabeco through Vietnamese unit

Thai Beverage will bid as a domestic investor in the Sabeco stake sale as it aims to dodge the foreign ownership limit in Vietnam's leading brewery.
capital flow and reforms unite for pharma sector

Capital flow and reforms unite for pharma sector

Pharmaceutical stocks are once again under the limelight thanks to upcoming state withdrawals, new capital inflows, and possible removals of foreign ownership limits.
domestic commercial banks accelerate foreign talks

Domestic commercial banks accelerate foreign talks

Aiming to reach the target to complete the selection the strategic investors before listing shares on the stock exchange, domestic banks are accelerating negotiations with foreign investors as well as propose the authorities to increase the foreign ownership limit (FOL) to lure in foreign investors.
techcombank temporarily fixes foreign ownership limit at zero per cent

Techcombank temporarily fixes foreign ownership limit at zero per cent

Vietnam Technological and Commercial Joint Stock Bank (Techcombank) announced a foreign ownership percentage of zero per cent followed by HSBC Bank’s divestment in July and its stakeholders’ request for temporary zero foreign ownership in late August.
fecon raises foreign ownership limit to 75 per cent

Fecon raises foreign ownership limit to 75 per cent

Foundation Engineering and Underground Construction JSC (FECON), a leading contractor in foundations and underground work in Vietnam, raised the foreign ownership limit (FOL) to 75 per cent as the premise for its plan to raise chartered capital in the coming period.
bmp closes on abolishing foreign ownership limit

BMP closes on abolishing foreign ownership limit

Binh Minh Plastics JSC (ticker BMP on HoSE) has been continuously adding necessary information to complete its documents so as to remove its foreign ownership limit (FOL), so the day when 100 per cent stakes of the company becomes available to foreign investors is coming.
foreign investors point out difficulties and solutions for soe equitisation

Foreign investors point out difficulties and solutions for SOE equitisation

Foreign investors have continued urging the government to lift the foreign ownership limit and clarify the operations of many large-scale state-owned enterprises.
imexpharm may scrap fol if market winds are right

Imexpharm may scrap FOL if market winds are right

Imexpharm Pharmaceutical Joint Stock Company, Vietnam's fourth-biggest pharmaceutical firm, will consider scrapping the foreign ownership limit if this becomes a common trend.
an phat securities removes foreign ownership limit

An Phat Securities removes foreign ownership limit

An Phat Securities has received shareholders’ approval to remove the foreign ownership limit, aiming to catch the eyes of foreign investors.
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