SCIC subsidiary wants to divest all capital at Vinamilk

SCIC Investment Company registered to sell all 1.45 million VNM shares of Vinamilk and expected to collect nearly 92 billion VND if the deal is completed.

Vinamilk 's dairy products - Photo: VNM

SCIC Investment Company Limited (SIC) has just 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, by order matching or negotiation.

SCIC Investment is a subsidiary in which the State Capital Investment Corporation (SCIC) holds all of its charter capital. At Vinamilk, SCIC is currently the largest shareholder with nearly 752.5 million shares, equivalent to 36% of capital.

The investment in Vinamilk brings SCIC a significant amount of revenue each year. According to the management report for the first 6 months of this year, this unit received 1,505 billion VND in dividends from Vinamilk.

In the stock market, VNM shares have recently been one of the stocks that foreign investors have been buying strongly, contributing to price recovery.

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

With this price, it is estimated that SCIC Investment will earn about VND91.9 billion after completing the divestment at Vinamilk.

Vinamilk stock price from the beginning of the year until now - Source: TradingView

Regarding business results, in the third quarter of 2025, Vinamilk achieved consolidated net revenue of VND 16,953 billion, the highest level ever and an increase of 9.1% over the same period.

Profit after tax reached VND2,511 billion, up 4.5%, but was still affected by provisions related to the Miraka associate company in New Zealand.

In the first 9 months of 2025, Vinamilk recorded consolidated revenue of VND 46,613 billion, unchanged from the same period; after-tax profit reached VND 6,586 billion, down 10%.

In 2025, Vinamilk targets revenue of VND 64,505 billion and after-tax profit of VND 9,680 billion, up 4.3% and 2.4% respectively compared to 2024. After 9 months, the company has achieved more than 72% of the revenue plan and 68% of the annual profit target.

SCIC wants to becomeFPT shareholder

In the opposite direction, SCIC Investment has just registered to buy 2 million FPT shares. Currently, SIC does not hold any shares of this technology corporation. If the transaction is completed, the company will own about 0.11% of FPT's charter capital.

With FPT trading at around VND97,500/share, SIC is expected to spend around VND195 billion to complete the deal. The transaction is expected to take place from December 10, 2025 to January 8, 2026, in the form of order matching or negotiation.

Nhat Quang

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