Vietnam’s State Capital Investment Corporation to Sell Down Position in Thanh Hoa Industrial Zone Infrastructure Investment JSC
Posted on 04/21/2020
Vietnam’s State Capital Investment Corporation (SCIC) agreed to sell its 1.14 million shares in the Thanh Hoa Industrial Zone Infrastructure Investment Joint Stock Company (TIIDC) for a price of around 1,400,000,000 VND. This is equal to 45.72% of TIIDC’s charter capital, the shares will be auctioned at a starting price of 45,300 VND each on the Hanoi Stock Exchange (HNX).
TIIDC was created in 2001 and specializes in land leasing, wastewater treatment, infrastructure for industrial parks, and building of civil and industrial facilities.