VMEPH Subsidiary Dinh Duong Ends Investment Deal in Vietnam Properties
Vietnam Manufacturing and Export Processing Holdings Limited has announced the termination of a discloseable transaction involving its indirect non-wholly owned subsidiary, Dinh Duong. The transaction was related to an Investment Cooperation Memorandum with Business Partner Mr. Nguyen Danh Hoang Viet, regarding properties in Vietnam. Dinh Duong had agreed to invest VND69,000,000,000, but the transaction has been called off. Consequently, the Business Partner will refund the investment amount and pay an additional compensation fee of VND3,500,000,000 to Dinh Duong. The termination will see all parties released from any further obligations, with no adverse financial impact on the Group, and aligns with the interests of the company and its shareholders.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VMEPH - Vietnam Manufacturing and Export Processing Holdings Limited published the original content used to generate this news brief on June 27, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.