FPT Corporation reported a consolidated revenue of VNĐ43.8 trillion (US1.93 billion), a year-on-year increase of eight per cent, by the end of last year.
FPT Corporation has reduced its ownership at FPT Retail and FPT Trading to under 50 per cent, the corporation announced on Tuesday.
Information-communication-technology (ICT) giant FPT Corporation (FPT) has sold 47 per cent of its stake in distribution arm FPT Trading to US-based ICT product company Synnex.
FPT Corporation has reportedly sold its distribution business FPT Trading to US-headquartered Synnex Corp, retail sources told zing.vn.
FPT Corporation may complete its divestment from FPT Trading and FPT Retail sub-units in 2017, officials said at the company’s annual shareholder meeting yesterday.
FPT Corporation, Việt Nam’s largest information and technology (IT) group, will conclude the selling of its retail unit FPT Shop next year, ICTnews reported yesterday.
Việt Capital Securities and Japanese-owned securities firm Nomura have been hired as consultants to minimise its investment in retail and distribution operations by the end of this year, Deputy CEO Nguyễn Thế Phương said.