SK Group to buy 16.26% stake in VinCommerce for $410m

SK Group on April 6 announced the signing of an agreement with Masan Group Corporation (HOSE: MSN) to acquire a 16.26 per cent stake in VinCommerce, one of Masan’s subsidiaries, for a cash consideration of US$410 million.

Gelex to raise stake in Viglacera Gelex and related shareholders are holding 112 million shares or 2.94 per cent of Viglacera’s capital

VNDirect Securities eyes 5 per cent profit growth in 2020 Total revenue is forecast to gain 17 per cent on-year to VNĐ1.87 trillion.

Vietcombank to maintain lending standards Vietcombank did not set a specific earnings target for 2020.

Vinamilk sees revenue and profit both up despite COVID-19 Despite the impact of COVID-19, dairy producer Vinamilk’s total revenue and profit in the first half of 2020 still rose 3-7 per cent on-year, CEO Mai Kiều Liên said on Friday.

Vietravel to discuss private share sales at annual meeting The selling price must not stay below Vietravel’s on-issuance date share price or the firm’s booking value recorded in the latest financial report

Insurers keep cash bonus, but rates get lower in 2020

As economies are being ravaged by the pandemic COVID-19, local companies are trying to secure cash to prepare for a rough period ahead

M&A deal top priority to join industrial real estate sector: Gelex CEO Gelex is planning to raise its ownership in Viglacera to the controlling level of 51 per cent

M&A deal top priority to join industrial real estate sector: Gelex CEO Gelex is planning to raise its ownership in Viglacera to the controlling level of 51 per cent

Lender ACB to issue bonus shares at the rate of 30 per cent Every shareholder will receive three new shares for every 10 shares they hold, meaning ACB will have to issue nearly 499 million new shares.