Vietnam Textile and Garment Group (Vinatex) in a report to Industry Ministry on July, 27 informed that it would complete plans for equitising its four subsidiaries by October, 2006.
Vinatex, which has already completed equitisation in 34 subsidiaries and 19 sections of other companies with a total capital of over VND1.2 trillion (US $75.8 million) said that it intends to continue selling State-owned shares at 22 equitised companies and also called for fresh investment to set up three new joint-stock companies.
marketing@alchempro.com
