VCB: Announcement of ownership ratio of foreign investors

Pursuant to Decree No.69/2007/ND-CP of Vietnam Government, Decision No.55/2009/QD-TTg of the Premier and Official Document No.1266/UBCK-PTTT of the State Securities Commission dated 06/29/2009 on specifying ownership ratio of foreign investors in Joint Stock Commercial Bank for Foreign Trade of Vietnam (VCB: Vietcombank), the ownership ratio of foreign investors does not exceed 30% of Vietcombank’s charter capital.

According to the decisions, the number of shares which foreign investors are allowed to hold is 30% of Vietcombank’s charter capital (363,025,808 shares). However, the volume Vietcombank registered to list on the Hochiminh Stock Exchange is 112,285,426 shares, lower than the volume foreign investors are allowed to own. Therefore, the total room of foreign investors currently is 112,285,426 shares (equivalent to 100% of the listing volume). 

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