FPT plans to form retail affiliate - Economy

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Updated February, 04 2012 09:25:19

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FPT plans to form retail affiliate

HA NOI — Software company FPT has announced its intention to invest in FPT Retail Co as a founder. The software giant will contribute VND85 billion (US$4 million) to FPT Retail, holding a 85 per cent stake.

FPT general director Truong Dinh Anh will act as the representative for the contributed capital within the retail company.-VNS

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