Illustrative image (Source: cafef.vn)Hanoi (VNA) - FPT SecuritiesJoint Stock Company (FPTS) has obtained approval from the State SecuritiesCommission to lift its foreign ownership limit.
FPTS is a member of theinformation-technology-telecommunication group FPT Corporation, the largest ICTconglomerate in Vietnam. FPT Corporation holds 20 percent of the capital inFPTS.
At the moment, Tokyo-based SBI FinancialServices Co Ltd is the only foreign investors in FPTS, owning 20 percent of thebrokerage firm’s capital.
FPTS’ 90.3 million shares were traded onthe HCM Stock Exchange on January 13 with the code FTS at the starting price of18,000 VND (80 US cents), but the price has fallen 28 percent this year.-VNA
FPTS is a member of theinformation-technology-telecommunication group FPT Corporation, the largest ICTconglomerate in Vietnam. FPT Corporation holds 20 percent of the capital inFPTS.
At the moment, Tokyo-based SBI FinancialServices Co Ltd is the only foreign investors in FPTS, owning 20 percent of thebrokerage firm’s capital.
FPTS’ 90.3 million shares were traded onthe HCM Stock Exchange on January 13 with the code FTS at the starting price of18,000 VND (80 US cents), but the price has fallen 28 percent this year.-VNA
VNA
