Thai company acquires stakes in securities firm

Seamico securities of Thailand will acquire a major stake of the Thanh Cong Securities Company (TCSC) under a strategic cooperation contract signed on September 9.

The acquired stakes, account for 49 percent of the total, will include 25 percent bought at 11,500 VND per share, and the remaining will be new issued shares.

Both sides will assist each other in technology solutions, business development strategy and personnel training.

VNA

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