Vietnam investment firm SCIC submits Vinamilk stake sale options to govt

Fraser and Neave

11/07/2017 09:23

HANOI, July 11 (Reuters) - Vietnam's State Capital 
Investment Corporation (SCIC) submitted two options for further 
stake sales in the country's biggest listed firm Vinamilk 
 VNM.HM , the government said on Tuesday. 
    SCIC is waiting for government feedback on the divestment 
plan pertaining to one of the its most lucrative assets, the 
government said on its news website, without giving an 
indication of time. 
    The state investment firm last year sold 5.4 percent to 
Singapore-listed Fraser and Neave Ltd  FRNM.SI , the second 
biggest investor in Vinamilk after SCIC, which owns 39.34 
percent. 
 
 (Reporting by Mai Nguyen; Editing by Muralikumar Anantharaman) 
 ((mai.nguyen@thomsonreuters.com; +8424 3825 9623; Reuters 
Messaging: mai.nguyen.thomsonreuters.com@reuters.net)) 
 
Keywords: VINAMILK SALE/