FPT inks deal with Korean Stic
02-AUG-2008 Intellasia | Thoi Bao Kinh Te Vietnam page 4
Aug 2, 2008 - 7:00:00 AM
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FPT Group and Stic Investment Inc, one of the Korea's leading private firms pledged to cooperate in fields of hedge investment by setting up an investment fund and expanding business under the agreement signed on July 31.
At present, Stic is managing over US$1.2 billion and investing in over 282 enterprises in diversified fields in Korea. The incorporate has also successfully made 48 IPOs and 147 M&A transactions. One of Stic's advantages is information technology that is expected to be promoted in Vietnam's market.
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