removing foreign ownership limit to accelerate ma

Removing foreign ownership limit to accelerate M&A

In order to attract foreign investors to become strategic shareholders, a series of Vietnamese enterprises plan to increase their foreign ownership limit (FOL), some are even considering removing it altogether, promising a breakthrough in M&A activities in 2017.
vietnams biggest drug maker dhg to scrap fol in early 2018

Vietnam's biggest drug maker DHG to scrap FOL in early 2018

Vietnam’s biggest publicly-traded drug maker, Hau Giang Pharmaceutical JSC (DHG), will lift the foreign ownership limit (FOL) to 100 per cent from January 1, 2018.
kdc shareholders agree to lift foreign ownership limit

KDC shareholders agree to lift foreign ownership limit

Vietnam's leading food firm KIDO Corporation (KDC) will increase the foreign ownership limit from the current 49 to 100 per cent to enhance operations, and to gain capital for expansion investments as well as mergers and acquisitions.
pvi confident of prospects after pvn divestment

PVI confident of prospects after PVN divestment

According to the materials for the shareholders’ meeting to be held on April 27, PVI Holdings is going to submit a plan of expanding the foreign ownership limit to 100 per cent for consideration.
significant room remains for foreign investors in vietjet

Significant room remains for foreign investors in Vietjet

Vietnam’s low-cost airline Vietjet’s recently issued 2017 listing prospectus shows that there is about 25 per cent room left for foreign investors, to reach its 49 per cent foreign ownership limit.
fols will help banks revamp

FOLs will help banks revamp

A rise in foreign ownership limits is needed to importantly help Vietnam speed up the local banking sector’s restructuring.
domesco removes foreign ownership limit

Domesco removes foreign ownership limit

On September 6, Domesco Medical Import Export JSC (Domesco) officially removed its 49 per cent foreign ownership limit, according to information published on the company’s website.
vinamilk greenlighted to remove foreign ownership limit

Vinamilk greenlighted to remove foreign ownership limit

The State Securities Committee (SSC) has agreed with Vietnam Dairy Products Joint Stock Company (VNM)’s proposal to increase its foreign ownership limit to 100 per cent.
pharma firms to raise fols

Pharma firms to raise FOLs

Pharma stocks have continue rising, as drug firms are expected to lift their foreign ownership limits and collaborate with overseas partners.
firms hesitant on foreign cap

Firms hesitant on foreign cap

Local listed firms remain hesitant to remove conditional business lines from their charter to lift foreign ownership limits.
vinamilk invites 100 per cent foreign ownership

Vinamilk invites 100 per cent foreign ownership

Vietnam Dairy Products Joint Stock Company (Vinamilk) has decided to remove its 49 per cent foreign ownership limit after a shareholders’ meeting on May 21, according to newswire Bnews.
legal overlap stymies foreign shareholding

Legal overlap stymies foreign shareholding

Listed firms remain reluctant to lift their foreign ownership limit for fear that they will be treated as a non-Vietnamese entity.
hsc advances cautiously towards lifting foreign cap

HSC advances cautiously towards lifting foreign cap

It may take some time for Ho Chi Minh Securities Corporation to lift its foreign ownership limit, much to the disappointment of its shareholders.
real estate firms lift foreign limits

Real estate firms lift foreign limits

A range of locally listed firms with real estate interests have both lifted their foreign ownership limit to 60 per cent and purchase shares in order to access foreign funding for the development of their various projects.
red tape keeps firms tied to fol

Red tape keeps firms tied to FOL

Local listed firms with retail arms remain hesitant to ease their foreign ownership limit due to the Economic Needs Test imposed on overseas retailers.
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