CII Group Aims to Raise Ownership to Nearly 80% in Nam Bay Bay

CII Service Co., Ltd. announced plans to acquire 2.9 million shares of Nam Bay Bay Investment Corp. (NBB), targeting an increase in ownership to 79.81%. Currently, CII owns 76.92% through subsidiaries like CII Invest and CII. The transactions are set to occur from December 2 to December 31, 2025. CII Invest already holds over 55 million NBB shares (54.95%), while parent company CII holds nearly 22 million shares (21.95%). Notably, CII Service does not currently own any NBB shares. For the first nine months of 2025, NBB reported revenue of nearly 29.8 billion VND, a 44.7% decrease year-on-year, but a net profit of 802.1 million VND, a 90.5% increase. As of September 30, 2025, NBB’s total assets stood at over 7,666 billion VND, down 87.4 billion since the beginning of the year.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts