SCIC Invests in Bao Viet Holdings

Posted on 10/24/2009


Vietnam’s State Capital Investment Corporation (SCIC) invested in Bao Viet Holdings, Vietnam’s largest insurance company. They replaced the former partner, Viet Nam Shipbuilding Industry (Vinashin) Group. This deal is following SCIC’s acquistion of 20.4 million shares from Vinashin. Vietnam’s Ministry of Finance holds 71% of the shares and the State Capital Investment Corporation (SCIC) another […]

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