Vinataba plans to auction 960,000 shares (20% of capital) of Colusa – Miliket on December 18, 2025, at the Hanoi Stock Exchange, with a starting price of 119,500 VND/share, totaling around 115 billion VND. This is part of a restructuring plan for the corporation from 2021-2025 to divest from non-core sectors. Although the noodle market share has decreased, Miliket remains stable due to cautious business strategies, no debt, and robust cash flow. In 2024, revenue reached 740 billion VND, with a net profit of 23 billion VND, and for the first half of 2025, revenue was close to 400 billion VND, with a net profit of 11 billion VND. Total assets as of June 30, 2025, were 286 billion VND, including 160 billion VND in cash. The company also possesses advantageous land in Ho Chi Minh City. Ownership structure is concentrated among three major shareholders, and CMN shares saw a 14.95% increase last week, yet still remain 46% below the starting auction price.
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