SSC approves to enlarge foreign investors’ holding from 46pct to 49pct stake into VNM
The State Securities Commission (SSC) has recently approved Vietnam Dairy Products Joint Stock Co (VNM) to abolish its share offering and listing plan on Singapore Stock Exchange.
In addition, VNM also announced to adjust the foreign investors’ holding up from 46 percent to 49 percent stake into the local firm.
Currently, foreign investors’ maximum holding is 46 percent room into VNM.
Tags: vietnam enterprices