Vietnam Digest: AES Corp to sell Mong Duong 2 power plant; SeABank to list on HoSE

Image from pixabay.

US-based AES Corp will sell its 51% stake in Vietnam’s Mong Duong 2 coal-fired power plant, while Hanoi-based lender SeABank will list 1.2 billion shares on the Ho Chi Minh City Stock Exchange in the first quarter of this year.

AES Corp to sell 51% stake in Mong Duong 2

NYSE-listed AES Corp will sell its entire equity interest in Vietnam’s Mong Duong 2 coal-fired power plant to a consortium led by a US-based investor. This transaction is expected to close in late 2021 or early 2022.

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