đăng ký vn88娱乐Mekong Capital to lower stake in Mobile World

Mekong Capital to lower stake in Mobile World

Employees sit at a Mobile World retail store in Quy Nhơn City, Bình Định Province. — Photo thegioididong.com

HÀ NỘI — Việt Nam-focused private equity firm Mekong Capital has offered three million shares of digital retailer Mobile World Investment Corp (HOSE: MWG) for sale.

The shares will be sold between October  一 二 and November  一0 via put-through transactions on the stock market or the Vietnam Securities Depository.

The deal will help Mekong Capital reduce its ownership in MWG to  一. 六 三 per cent from the current  二. 六 per cent.

Mekong Capital on October  五 registered to sell one million shares of Mobile World between October  五 and November  三, however, it failed to complete the deal.

In September, Mekong Capital via its investment fund Mekong Enterprise Fund II successfully offloaded three million shares of Mobile World to complete a partial sale worth US$ 一 八 million, reducing its stake in Mobile World from  三. 五 八 per cent to  二. 六 per cent.

Shares of Mobile World on the HCM Stock Exchange closed on Monday at VNĐ 一 一 九,000 ($ 五. 三) per share. The company’s shares have gained  九 per cent in the last one month and nearly  五 四 per cent since the beginning of the year.

In the first eight months of  二0 一 七, Mobile World reported VNĐ 四 二. 二 八 trillion ($ 一. 八 八 billion) in revenue, a yearly increase of  五 六 per cent, and VNĐ 一. 四 五 trillion in post-tax profit, a year-on-year increase of  三0 per cent.

The company after eight months completed  六 七 per cent and  六 六 per cent of its targeted revenue and post-tax profit for  二0 一 七, respectively. — VNS