Stock market: South Korea’s SK Group exits Vietnam’s Vingroup stake worth nearly US$377 million

SK Group has divested a significant portion of its holdings in Vingroup, offloading 90 million VIC shares in a negotiated transaction worth nearly US$377 million on August 4, Nguoi Quan Sat has reported→view source.

Transaction facts:

  • Buyer: Domestic investors via negotiated deals
  • Volume: 90 million VIC shares
  • Value: VND 9,818.6 billion (approx. US$377 million), average price VND 109,096 per share
  • Market impact: VIC closed up 6.92 percent at VND 111,200, contributing nearly 6.5 points to the VN-Index
  • Timing: Deals were executed at the end of the trading session

Vingroup’s statement:

  • The company said this was not a broad foreign investor sell-off but part of SK Group’s global portfolio restructuring
  • The negotiated deal was described as having no impact on retail shareholders
  • Vingroup stated that the buyer is committed to a long-term holding strategy
  • SK will maintain its strategic partnership with Vingroup and continue exploring opportunities in Vietnam, particularly in renewable energy

See also: How to Open a Trading Account in Vietnam 2025: Key Processes & Procedures

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