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NEWS UPDATES Asean Affairs     January 6,  2017  

Bao Viet sells Sabeco shares, earns VND95 billion

Insurer Bao Viet Holdings (BVH) on Tuesday sold its entire stake in the Saigon Beer-Alcohol-Beverage Corporation (Sabeco) for VND95 billion (US$4.2 million).

The insurer sold 500,000 shares at VND190,000 per share. On the same day, Sabeco was being traded at around VND197,000 per share.

Sabeco made its debut of 641.28 million shares on the HCM Stock Exchange at a reference price of VND110,000 per share, under the code of SAB, on December 6.

On Thursday morning, Sabeco closed at VND197,200 per share.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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