Vinpearl Joint Stock Company (HoSE: VPL) has recently issued a resolution regarding the merger of Cua Hoi Investment and Development Joint Stock Company into VinWonders Nha Trang Joint Stock Company.
Following the merger, Cua Hoi Investment and Development will be dissolved, while Vinpearl will continue as the parent company of VinWonders Nha Trang. The company stated that this move is part of its restructuring plan to streamline operations and optimize efficiency among its subsidiaries.
Notably, the restructuring process has been swift. In late September 2025, Vinpearl approved the spin-off of Vinpearl Cua Hoi to establish Cua Hoi Investment and Development with a charter capital of 1.137 trillion VND, of which Vinpearl holds a near-absolute majority of 99.992%.
Vinpearl Cua Hoi became a subsidiary of Vinpearl on February 14, 2025, after Vinpearl acquired 99.99% of its shares from Vingroup in a transaction valued at 1.855 trillion VND.
As of now, Vinpearl owns five subsidiaries:
(1) Phuc An Tourism Investment and Development
(2) VinWonders Nha Trang
(3) Landmark 81 Hotel Investment and Development
(4) Thanh Hoa Hotel Investment and Development
(5) Vinpearl Cua Hoi.
On the stock market, VPL shares closed the session on November 28 at 95,000 VND per share. After six months of listing, the stock was officially removed from margin trading restrictions, significantly boosting liquidity.
In the last six sessions, VPL has surged by over 32%, with its market capitalization exceeding 170 trillion VND.
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