Tag: membership program

Numerous state-owned corporations, enterprises, and even banks are divesting from various units. According to experts, this divestment stems from businesses reevaluating their strategies, with many non-core investments, prolonged projects, or underperforming assets being addressed.

CII Service has recently initiated the purchase of 2.9 million NBB shares, a strategic move aimed at bolstering its investment portfolio. Upon successful completion of this transaction, the CII group’s total ownership in Năm Bảy Bảy will surge to an impressive 79.81% of the company’s capital.

Sovico Group has successfully divested over 65 million shares of HDBank, reducing its ownership stake in the bank to 9.9%.