VCSC Daily - Vinamilk buyout rumors excite market - STK, MSN

Contact us for a free consultation: (+84) 2 8888 2 6868

Trading was lively with most of the action on large cap stocks. In particular, VNM recorded the highest single day traded value since the stock was listed in 2007 following a domestic media story yesterday that suggested Singaporean Fraser & Neave’s had offered to purchase the government-controlled SCIC’s roughly 45% stake in VNM at a significant premium. The rumor was quickly dismissed by an official F&N statement during trading hours,