The Refrigeration Electrical Engineering Corporation (REE) has accepted Platinum Victory Pte Ltd’s bid to buy 31.3 million REE shares.
Singapore’s largest automotive group, Jardine Cycle & Carriage Limited Company (JC&C), announced plans to take up the competition with F&N Dairy Investment Pte., Ltd. for a stake in Vietnam Dairy Products JSC (Vinamilk) by registering to buy an additional 14.5 million shares through its Platinum Victory Pte., Ltd. investment fund.
The Vietnamese Government will work to ensure macro-economic stability and create a favourable business environment in conformity with international standards and practices, said Deputy Prime Minister Vuong Dinh Hue.
The huge investments in Thaco, Vinamilk, the Asia Commercial Bank (ACB) and Refrigeration Engineering Enterprise (REE) all have relations with Jardine Matheson.
After spending over US$1 billion on acquiring a large stake in Vinamilk, the largest automotive group from Singapore, Jardine Cycle & Carriage Limited Company (JC&C), has poured VND45 billion into acquiring an additional 1.1 million shares in Refrigeration Electrical Engineering Corporation (REE).
Refrigeration Electrical Engineering Corporation (REE) and Sinh Thai LLC—a 100-per-cent-owned subsidiary of Vingroup—spent VND1.07 trillion ($47.1 million) acquiring 25.5 million shares, or 51 per cent stake, in Vinaconex Water Supply JSC (Viwasupco) from Vinaconex.
The 10 richest women on the stock market have total assets worth VND19.301 trillion, accounting for 11.5% of total assets of the 500 richest Vietnamese billionaires.
Many enterprises have reported unsatisfactory business results for 2015, with shares remaining attractive in investors’ eyes.
The mothers are influential businesswomen with huge assets of trillions of dong, while the daughters follow in their mothers’ footsteps, holding important positions at businesses.
(VOV) -Renowned US business magazine Forbes has announced the list of the year’s top 50 businesswomen in Asia, including three Vietnamese.