Vincom Retail Joint Stock Company (stock code: VRE) has just announced the transfer of its entire stake in Vincom NCT Real Estate Company Limited - the owner of Vincom Center Nguyen Chi Thanh - to Bao Quan Trading, Investment and Service Company Limited.
After the transaction is completed, Vincom NCT will no longer be a subsidiary of Vincom Retail. The transferee is an independent legal entity with no ownership relationship with Vingroup Group or its member companies.
The transaction is part of an investment strategy aimed at optimizing operational efficiency and focusing resources on key, large-scale shopping centers with high future growth potential.
Vincom Center Nguyen Chi Thanh (Photo: VRE).
During the renovation project, customer rights will not be affected. Vincom Center Nguyen Chi Thanh will continue to operate normally in areas not subject to renovation, including the supermarket, food court, cinema, and other amenities.
Vincom Retail is currently the leading retail real estate developer nationwide, with a system of nearly 90 Vincom shopping malls present in 31 out of 34 provinces and cities.
Most recently, the company opened Vincom Mega Mall systems in eastern Hanoi (Vincom Mega Mall Ocean City, with a scale of nearly 70,000m2) and Hai Phong (Vincom Mega Mall Royal Island, with a scale of over 55,000m2).
Source: https://dantri.com.vn/kinh-doanh/vincom-retail-hoan-tat-chuyen-nhuong-vincom-center-nguyen-chi-thanh-20251028133306209.htm
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