Business

State capital in Viglacera to be fully divested in 2020

The Construction Ministry will divest the remaining State capital in ceramic and tile producer Viglacera Corporation this year, said head of the ministry’s Enterprises Management Department Dao Minh Thanh.
State capital in Viglacera to be fully divested in 2020 ảnh 1The Viglacera head office in Hanoi (Photo: cafef.vn)
Hanoi (VNA) – The Construction Ministry willdivest the remaining State capital in ceramic and tile producer ViglaceraCorporation this year, said head of the ministry’s Enterprises ManagementDepartment Dao Minh Thanh.  

The State capital in Viglacera now accounts for 38.85percent following previous divestments.

The firm also elected a new board of directors at the annualshareholder’s meeting, and listed more than 448.3 million shares on the Ho ChiMinh Stock Exchange.

Viglacera alsowon the “World Class” title of the Global Performance Excellence Award (GPEA)awarded by the Asia-Pacific Quality Organisation in 2019.

This is the only Vietnamese firm to receive the “World Class” title in the large-scale production category of the 2019GPEA, the only formal international recognition of performance or businessexcellence./.
VNA
#ceramic and tile producer Viglacera Corporation#Vietnamplus#Vietnam News Agency#GPEA#Ho Chi Minh Stock Exchange
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