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Korean Hanwha fund spends $400 million acquiring Vingroup's preference shares

Vingroup has just announced an issuance of 84 million preference shares on a private offering basis to Hanwha Vietnam Opportunity Fund 1, which is invested by Hanwha Asset Management Co., Ltd. of Hanwha Group, with the total issuance value of over VND9,300 billion ($400 million).

Korean firm acquires TNR Tower in HCMC

Korean business media have confirmed that Korea-based Hanwha Life Insurance Co.(Hanwha) is providing funds for Seoul-based Koramco Asset Management Co. (Koramco) to acquire TNR Tower Nguyen Cong Tru for a selling price of US$62 million.

Stock indexes
1,277.14 -0.44 -0.03
Volume: 972,159,800 Value: 23,993 (Billions VNĐ)
243.29 0.72 0.3
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94.45 0.92 0.98
Volume: 146,773,306 Value: 2,390 (Billions VNĐ)
1,308.62 -3.93 -0.3
Volume: 275,019,568 Value: 8,845 (Billions VNĐ)