SIC implement plan to become a shareholder of FPT

According to SIC, this transaction aims to serve the purpose of financial investment. If the transaction is successful, SIC Investment will possess about 0.3% of FPT’s charter capital. Along with its holding company SCIC, SIC will become one of FPT’s shareholders.

SCIC Investment was established in January 2013 in Hanoi with the State Capital Investment Corporation (SCIC) as its capital owner.

At the end of the trading session on November 21st, FPT stood at 49,100 VND/share.

Earlier, in September, the company completed its divestment from FPT by selling 827,000 FPT shares.

Before the divestment, SIC Investment had spent nearly VND 40 billion on purchasing FPT shares via order-matching or put-through for the purpose of financial investment. However, this company bought only 827,100 ones as FPT share cost beyond its expected price.

SCIC Investment was established in January 2013 in Hanoi with the State Capital Investment Corporation (SCIC) as its capital owner. This unit is in charge of financial investment and projects.