SCIC's subsidiary wants to divest its entire stake in Vinamilk.

SCIC Investment Company has registered to sell all 1.45 million VNM shares of Vinamilk and expects to earn nearly 92 billion VND if the transaction is completed.

Vinamilk 's dairy products - Photo: VNM

SCIC Investment Company Limited (SIC) has registered to sell all of its shares in Vietnam Dairy Products Joint Stock Company (Vinamilk, stock code VNM).

According to the registration, SCIC Investment Company will sell all 1.45 million VNM shares, equivalent to 0.069% of Vinamilk's charter capital. The transaction is expected to take place from December 10, 2025 to January 8, 2026 through order matching or negotiated transactions.

SCIC Investment is a subsidiary wholly owned by the State Capital Investment and Business Corporation (SCIC). At Vinamilk, SCIC is currently the largest shareholder with nearly 752.5 million shares, equivalent to 36% of the capital.

The investment in Vinamilk generates significant revenue for SCIC each year. According to the management report for the first six months of this year, the unit received 1,505 billion VND in dividends from Vinamilk.

On the stock market, VNM shares have recently been one of the stocks heavily bought by foreign investors, contributing to the price recovery.

From 55,000 VND per share on October 20th, VNM's market price increased by more than 15% to 63,400 VND at the close of trading on December 5th.

At this price, SCIC Investment is estimated to earn approximately 91.9 billion VND after completing the divestment of its stake in Vinamilk.

Vinamilk's share price from the beginning of the year to date - Source: TradingViewer

In terms of business results, in the third quarter of 2025, Vinamilk achieved consolidated net revenue of VND 16,953 billion, the highest level ever and a 9.1% increase compared to the same period last year.

Net profit after tax reached VND 2,511 billion, an increase of 4.5%, but was still affected by provisions related to its affiliated company Miraka in New Zealand.

For the first nine months of 2025, Vinamilk recorded consolidated revenue of VND 46,613 billion, unchanged compared to the same period last year; after-tax profit reached VND 6,586 billion, a decrease of 10%.

In 2025, Vinamilk aims for revenue of VND 64,505 billion and after-tax profit of VND 9,680 billion, representing increases of 4.3% and 2.4% respectively compared to 2024. After nine months, the company has achieved over 72% of its revenue plan and 68% of its profit target for the whole year.

SCIC wants to become a shareholderin FPT.

Conversely, SCIC Investment has just registered to purchase 2 million FPT shares. Currently, SCIC does not hold any shares of this technology group. If the transaction is completed, the company will own approximately 0.11% of FPT's charter capital.

With FPT shares currently trading around VND 97,500 per share, SIC is expected to spend approximately VND 195 billion to complete the transaction. The transaction is expected to take place from December 10, 2025 to January 8, 2026, through order matching or negotiated transactions.

Nhat Quang

Source: https://tuoitre.vn/cong-ty-con-scic-muon-thoai-toan-bo-von-tai-vinamilk-20251206162350998.htm