Vinalines’ IPO hits a tougher road after SK failure
August 15, 2018 | 08:00
The failure of SK Securities, a new arm of South Korea’s J&W Partners Ltd., to become a strategic partner of Vietnam’s state-run shipping group Vinalines, has signalled a tougher road ahead for the latter’s plan to divest its 34.8 per cent state stake at the upcoming initial public offering in Hanoi.
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