VCSC Daily - SCIC divestment plan stirs up the market - Logistics Sector Update - VSH, VCB
An afterhours story yesterday revealed a list of companies that the State Capital Investment Corporation will divest from. Investors welcomed the news as the list included a number of full foreign room stock such as VNM, BMP and NTP, which signaled a likely lift in FOL. These stocks rallied on heavy volume. Of note the announcement also included of stocks that the SCIC will continue to hold including BVH. Shares of BVH fell to near its floor price on the news.