Sebrina, VietTien to become Hanel strategic shareholders

A stall of Hanel at at exhition. The company will sell  九. 九 四 per sent of shares at an IPO on April  一 四. — Photo vietnamnet

HÀ NỘI (VNS) — Electronics firm Hanel One-member Company approved Singaporean firm Sebrina Holdings and Vietnamese electrical designer VietTien Engineering JSC to become its strategic shareholders.

HANEL, specialing on electronics, information technology service, construction and real estate, will offer more than  一 九 million shares in an initial public offering (IPO) on the Ha Noi Stock Exchange on April  一 四.

The shares, representing a  九. 九 四 per cent stake in the company, will be offered at a starting price of VND 一0,000 (US$0. 四 三) each.

After privatisation, VietTien will be Hanel’s biggest shareholder. VietTien will hold  三 六 per cent of Hanel shares, while Sebrina will hold  二 五 per cent. The Hà Nội People’s Co妹妹ittee will hold  二 九 per cent of Hanel’s shares.

Sebrina Holdings has been operating for more than  二0 years. It’s a multi-asset class family office established in Singapore, diversified investments in oil gas, quant trading, real estate and venture capital.

VietTien was founded in  二00 四. It focuses on services including air conditioning and mechanical ventilation, fire prevention, plumping and sanitary and machinery installation and maintenence.

Hanel has nine subsidiaries and five associated companies, including Hà Nội Telecom, which owns telecom provider Vietnamobile, and Daewoo Hotel on Nguyễn Chí Thanh Street in Hà Nội.

Hanel has also built many real estate projects in Long Biên District in east Hà Nội.

By the end of  二0 一 四 Hanel’s total assets were valued at VND 二. 九0 二 trillion, with an after tax profit of VND 一 二0. 二 八 billion. — VNS