Vinaconex plans full divestment from Vinaconex ITC
Vinaconex approved selling its entire stake in Vinaconex ITC, the developer of the Cat Ba Amatina project. The company plans to transfer all 107.1 million VCR shares, representing 51% of Vinaconex ITC's charter capital. This divestment is expected to yield at least VND 5.141 trillion for Vinaconex. The Cat Ba Amatina project, with a total investment of VND 10.942 trillion, has seen multiple assets and rights pledged as collateral to VPBank.
Vinaconex approved selling its entire stake in Vinaconex ITC, the developer of the Cat Ba Amatina project. The company plans to transfer all 107.1 million VCR shares, representing 51% of Vinaconex ITC's charter capital. This divestment is expected to yield at least VND 5.141 trillion for Vinaconex. The Cat Ba Amatina project, with a total investment of VND 10.942 trillion, has seen multiple assets and rights pledged as collateral to VPBank.
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