Vietnam Property Holding (VPH), the real estate fund of Saigon Asset Management Company, has registered to sell its entire holding of 2.2 million shares in Vietnam-based realty firm Century 21 JSC, following disputes over the de-listing plan of the company, according to the Ho Chi Minh City Stock Exchange.
The shares that represent a 12 per cent stake in the company, will be sold within a month, beginning June 24. Louis Nguyen from VPH is currently sitting on Century 21’s managing board.
