By Nguyen Thi Bich Ngoc
Vietnam Prosperity Bank, commonly known as VPBank, will list its 1.3 billion shares on the Ho Chi Minh City Stock Exchange on August 17 at a reference price of VND39,000 apiece. With a $2.3 billion valuation, the Hanoi-headquartered lender is the fourth-largest bank after three state-controlled banks Vietcombank, BIDV and… Read more »
Earlier in April 2017, VinaLand divested parts of the My Gia project to a local company for $5.5 million.
YOLA is the second education investment for Mekong Capital, which exited K-12 Vietnam to TPG
Earlier, it planned to sell 4% to general buyers and its employees, and 45% to strategic investors.
That makes VinaCapital and Dragon Capital the largest buyers in this financing.
Foreign institutional investors hold a combined 22.34 per cent stake in the bank.
Divestments could drive the M&A value in 2017 up to $6.5 billion.
Promising teams will have opportunities to get as much as $200,000 follow-on funding.
Petrolimex inks a pact to become a strategic shareholder of the oil refining company
Cooky.vn is ESP Capital’s fifth investment so far. It aims to seal a total of 10 deals in 2017.