VinFast Spins Off Unit, Transfers Shares to Pham Nhat Vuong
ReutersAug 14, 2025 10:17 AM
Aug 14 (Reuters) - VinFast Auto Ltd VFS.O:
VINFAST AUTO LTD - SPIN-OFF OF NEW COMPANY FROM VINFAST TRADING AND PRODUCTION JSC AND SHARE TRANSFER OF NEW COMPANY TO PHAM NHAT VUONG
VINFAST AUTO LTD - VFTP TO REMAIN DIRECT UNIT OF CO AND CONTINUE TO OPERATE CO’S CORE ELECTRIC VEHICLE MANUFACTURING BUSINESS IN VIETNAM
VINFAST AUTO: INTENDS TO TRANSFER SHARES IN NOVATECH TO PHAM FOR VND39.8 TRILLION (US$1.6 BILLION)
VINFAST AUTO- NOVATECH TO BE SPUN OFF FROM VFTP, THEREAFTER EXISTING AS NEW DIRECT SUBSIDIARY OF COMPANY
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