BVH: Notes to BVH’s unreviewed QII.2021 business performance results
Bao Viet Holdings and its affiliates reported positive growth last year with total turnover of VND48.949 trillion (US$2.12 billion), up 9.1 per cent year-on-year and surpassing the annual target by 8.9 per cent.
Sumitomo Life (Japanese Insurance Company) successfully purchased all of the 41,436,330 shares (equivalent to 5.91 percent of the Company's ownership) of the Company's private offering. Sumitomo Life paid USD173 million for the transaction, increasing ownership interest in the Company to 22.09 percent.