2018 marks a milestone of Khanh Viet Corporation (Khatoco) on its 35-year development by equitizing the whole corporation. Up to now, the equitization is going on right route and is expected to open a new period for the corporation.
2018 marks a milestone of Khanh Viet Corporation (Khatoco) on its 35-year development by equitizing the whole corporation. Up to now, the equitization is going on right route and is expected to open a new period for the corporation.
According to Khatoco equitization steering board, in September 2018, the board has chosen the package consulting unit for the equitization. On September 11, the steering board submitted the provincial People’s Committee the equitization document of Khatoco as a base to do following steps.
The provincial Department of Finance, related departments and Khatoco visited and checked the situation of seven facilities in the province to complete document and submit it to the provincial People’s Committee.
According to Nguyen Van Nhut, deputy director of the provincial Department of Planning and Investment and head of Khatoco equitization steering board, from now to the end of 2018, the board will submit the provincial People’s Committee to ratify the consulting unit. Then, the steering board will ask Khatoco and the consulting unit to estimate expenditure for equitization and agree the route to carry out the plan. As planned, the transfering Khatoco to become a joint stock company will be finished in July, 2019.
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