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Vietnam: Vingroup to raise US$400 million by selling shares to Hanwha Asset Management

The Hanoitimes – Vingroup – Vietnam`s largest privately-run conglomerate – is expected to increase its charter capital by VND840 billion (US$36.08 million) to VND32.75 trillion (US$1.4 billion) after the share issuance. Vingroup expects to raise VND9.32 trillion (US$400 million) by issuing preference shares to Hanwha Vietnam Opportunity Private Fund 1 under Hanwha Asset Management, an affiliate […]

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