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Vinmec will use the investment worth about 4.7 trillion dong, or about 203.1 million dollars, to expand the medical system and clinics, and maintain cutting-edge research to deliver quality. Excellent treatment and perfect customer service.
After the transaction, Vingroup remains the sole majority shareholder of VMC. GIC will benefit from your investment according to the assigned proportion, Vingroup will use all the benefits of VMC to reinvest with the objective of continuing to develop this health system, in accordance with the commitment. Investment in health is not for profit.
According to our data, VMC Holding has a share capital of VND 5.966 billion, newly established on December 7, 2020 with the aim of receiving investments in Vinmec from Vingroup.
In addition to investment activities, Vinmec will cooperate with GIC to continue implementing service quality improvement programs, taking advantage of GIC’s experience and its rich experience in the field of healthcare around the world. a typical example is the investment and cooperation with the Metro Pacific Hospital Holdings, Inc. hospital system in the Philippines since 2014. The investor also has a very good impression about the comprehensive service system and quality of medical care provided by Vinmec Private Medical System.
Credit Suisse (Singapore) Limited is financial advisor to VMC on this transaction.
According to Business and Marketing