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Construction firm plans divestitures

Update: September, 20/2014 - 12:11

HA NOI (VNS) — PetroVietnam Construction (PVX) is totally divesting from 13 companies, mainly in the construction and real estate business.

Offloading of shares will be done through order matching on the stock market until the end of next year. The transaction prices will be market prices at the time of the sale but will not be lower than the price during PVX's initial investment. The company ended yesterday's session higher by five per cent at VND6,300. — VNS

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