YKVN Advises SCIC on Its Divestment of a 5.4% stake in Vinamilk

YKVN advises State Capital Investment Corporation (SCIC) on its divestment of a 5.4% stake in Vietnam Dairy Products JSC (Vinamilk) through an auction process at the Ho Chi Minh City Stock Exchange (HOSE). Vinamilk is the largest listed company in Vietnam by market capitalisation. SCIC, the controlling shareholder of Vinamilk, intended to sell approximately 9% Vinamilk shares through an auction process. SCIC engaged a consortium consisting of Morgan Stanley, VinaCapital and Saigon Securities Inc. as financial advisors.