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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

SCIC to invest in Bao Viet Holdings

Posted on 26 October 2009

From Vnagency.com.vn: Bao Viet Holdings recognised the State’s sovereign wealth fund, the State Capital Investment Corporation (SCIC), as a strategic partner, replacing former partner the Viet Nam Shipbuilding Industry (Vinashin) Group.

The deal follows SCIC’s acquisition of 20.4 million shares from Vinashin, making it the second leading shareholder in the insurer, after HSBC Insurance……………………Full Article: Source

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