Power Construction JSC No 1 (PCC1) has sold nearly 11.5 million shares to the London-traded Vietnam Enterprise Investments Limited (VEIL) for nearly VNĐ380 billion (US$16.9 million). — Photo cafef.vnHÀ NỘI — Power Construction JSC No 1 (PCC1) has sold nearly 11.5 million shares to the London-traded Vietnam Enterprise Investments Limited (VEIL) for nearly VNĐ380 billion (US$16.9 million). The shares were sold for a price of VNĐ33,000 per share. The deal also allows VEIL to act as a strategic investor in PCC1. After the deal, PCC1 increased its chartered capital to VNĐ753 billion from VNĐ638 billion.

Source: Viet Nam News September 17, 2016 02:15 UTC