Vingroup's main foreign investor SK Group to sell portion of its stake

SK

10/01/2025 10:14

HANOI, Jan 10 (Reuters) - South Korean conglomerate SK
Group plans to sell around 20% of its holding in Vietnam's
Vingroup  VIC.HM  starting from next week, a Vingroup filing
showed on Friday.
     SK's group financial vehicle SK Investment Vina II PTE is
Vingroup's top foreign investor and is currently holding 6.05%
of the total shares in the Vietnamese group. After the sale, SK
will hold 4.72% of the total shares. 
    The transaction is expected to be completed by Feb. 14 with
an estimated value by Vingroup of about 508 billion dong 
($20.03 million) based on current market price, according to the
filing. 

($1 = 25,360.0000 dong)

 (Reporting by Phuong Nguyen; Editing by Martin Petty)
 ((Phuong.Nguyen@thomsonreuters.com; +84-24-3852-9623;))