Seamico gets nod to sell its stake in VN securities firm

Corporate June 18, 2018 17:40

By The Nation

Seamico Securities informed the Stock Exchange of Thailand on Monday that the State Securities Commission of Vietnam had approved the company’s sale of its stake in Thanh Cong Securities Joint Stock Co (TCSC) to Le Anh Vien



.

The transaction is expected to be completed by this coming Friday.

The sale of Seamico’s 6,796,500 shares in TCSC is equivalent to 61.168 billion Vietnamese dong, or around Bt85.76 million based on the Bank of Thailand’s exchange rate as of June 14, the company said.