TMT Automobile plans takeover of Vinamotor

TMT Automobile plans takeover of Vinamotor

Visual from the company's website

Shareholders of Vietnam’s TMT Automobile have agreed for the take over of Vietnam Motors Industry Corporation (Vinamotor), the state-owned firm which was equitised one year a go. For the purpose, TMT is issuing corporate bonds of VND1.5 trillion ($70.4 million).

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