Vinpearl’s New Move Ahead of Listing Related to Vingroup

On March 17, Vinpearl JSC approved the acquisition of additional hotel assets from Vingroup in the Shop – House Ha Giang project. The Board authorized the Deputy General Director to carry out necessary procedures. This move comes as Vinpearl prepares for listing, registering 1.8 billion shares at the Ho Chi Minh Stock Exchange. Vinpearl completed its public company registration in November 2024 and previously issued over 70 million shares. After merging with Vingroup and delisting in December 2011, Vinpearl has been operating robustly with multiple facilities, reporting a revenue of 14.388 trillion VND in 2024, up 55%. Net profit reached 2.550 trillion VND, significantly higher than the previous year.

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