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VIETNAM PRESS-Saigon Securities plans to lift foreign ownership cap - Vietnam Economic Times
July 14, 2015 / 1:36 AM / in 2 years

VIETNAM PRESS-Saigon Securities plans to lift foreign ownership cap - Vietnam Economic Times

Saigon Securities, a leading stock brokerage firm in Vietnam, will seek shareholders’ approval to raise the foreign ownership cap to 100 percent in line with the government’s new rule, the Vietnam Economic Times newspaper reported, citing the company management board.

Foreigners now own 43.83 percent of the Ho Chi Minh City-based firm, the report said.

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Hanoi Newsroom; Editing by Subhranshu Sahu)

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