PRESS RELEASE The roadshow to introduce investment opportunity in SCIC’s shares in 4 companies NTP, BMP, DMC, FPT
- Le Kim Chi
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PRESS RELEASE
The roadshow to introduce investment opportunity in SCIC’s shares in 4 companies NTP, BMP, DMC, FPT
Pursuant to the guideline of the Prime Minister and the Ministry of Finance, State Capital Investment Corporation (SCIC) is implementing the divestment from the following companies:
- Tien Phong Plastic JSC (NTP): 37.1% of charter capital
- Binh Minh Plastic JSC (BMP): 29.51% of charter chapital
- Domesco Medical Export-Import JSC (DMC): 34.71% of charter capital
- FPT Corporation (FPT): 5.96% of charter capital
In order to ensure a transparent divestment process of state ownership in Vinaconex and to attract investors, according to the approved plan, SCIC will coordinate with Ho Chi Minh city Stock Exchange, related companies and the advisors to organize a roadshow to introduce the opportunity of buying SCIC's shares in these four companies on November 17, 2017.
At the roadshow, SCIC will collaborate with relevant parties to present information related to the four companies and the shares sale process; discuss the related implementation procedure and relevant Vietnamese regulations.
According to the divestment plan, SCIC will announce the share offering and execute the competitive offerings in December 2017.
