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PetroVietnam Relists PVMR Stake for Auction Following November’s Failed Attempt

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PetroVietnam is set to relaunch the public auction of its entire 20.5 million shares, representing a 41% stake in PVMR, following an unsuccessful attempt in November.

PAP Sets Private Placement Price at VND 13,610 per Share, Half of Market Value

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The Board of Directors of Phuoc An Port Petroleum Investment and Exploitation Joint Stock Company (UPCoM: PAP) has set the private placement price at VND 13,610 per share, nearly half the market price of VND 26,500 per share. The entire offering of 125 million shares is expected to be fully subscribed by 11 investors, with only one individual becoming a major shareholder post-transaction.

VISC Approves $5.2 Million for New Headquarters, Revealing Ties Within Ecosystem

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Vietnam Financial Investment Securities Corporation (VISC, HNX: VIG) plans to invest VND 120 billion in acquiring a new headquarters located within the King Palace project in Hanoi, developed by Sakura Real, a fellow member of the same ecosystem.