VNPT to offload stake in SPT

10 May 2018

State-owned telco Vietnam Posts and Telecommunications (VNPT) has announced plans to sell its entire 8.52% stake in Saigon Post and Telecommunications (SPT, Saigon Postel), Deal Street Asia reports. The operator will offer over 10.25 million SPT shares at a starting price of VND12,038 (USD0.53) on the Hanoi Stock Exchange (HNX), potentially raising more than USD5 million for the firm.

Vietnam, Saigon Post and Telecommunications (SPT, Saigon Postel), VNPT-Vinaphone