HSC Securities purchases 10.6% stake in Vietnamese taxi firm Vinasun

HSC Securities purchases 10.6% stake in Vietnamese taxi firm Vinasun

Ho Chi Minh City Securities Corporation (HSC) has announced the purchase of 10.6 per cent stake in Vietnamese taxi firm Vinasun (VNS) coinciding with Singapore GIC‘s decision to fully exit its four-year-old investment in the firm.

In a disclosure to Ho Chi Minh City Stock Exchange, HSC said, it has purchased 7.2 million shares in Vinasun. HSC was said to have injected about VND104 billion ($4.57 million) to become the major shareholder in the taxi firm.

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