By Nguyen Thi Bich Ngoc
The IPO is planned for later this year or early next year
Petrovietnam in talks to sell as much as 40 percent to strategic investors.
SCG Cement – Building Materials Company Limited, a subsidiary of Thai major SCG, has fully acquired Vietnam Construction Materials JSC from its existing owners, the company said in a filing. The 100 per cent equity interest in the Vietnamese integrated cement operator is worth $156 million, while enterprise value of… Read more »
Its market cap exceeded Vietnam Airlines just a week after listing.
Australian real estate service provider Realestate.com.au also participated.
Caramo has raised an angel investment from serial entrepreneur Jonah Levey.
This is a 67% jump when compared $150 million in 2015.
SCG will increase its stake at Long Son from the current 46 per cent to 71 per cent.
It is targeting these investments in the first half of the year.
Over 12,000 shares changed hands; total outstanding shares are 300m units.