US EditionSeABank and AFS Clarified Matters Related to the Charter Capital Transfer Agreement of Post and Telecommunication Finance Company Limited (PTF)
6 Articles
6 Articles
The Manila Times
SeABank and AFS clarified matters related to the Charter Capital Transfer Agreement of Post and Telecommunication Finance Company Limited (PTF)
HA NOI, VIETNAM - Media OutReach Newswire - 31 July 2025 - Regarding the Charter Capital Transfer Agreement of Post and Telecommunication Finance Company Limited ('PTF') and the public announcement issued by AEON Financial Service Co., Ltd. ('AFS'), Southeast Asia Commercial Joint Stock Bank ('SeABank') and AFS have been engaged in constructive discussions to comprehensively clarify the issues raised by AFS in a spirit of goodwill and cooperatio…
AEON Financial Service and SeABank agree to resolve PTF matter
In October 2023, AFS entered into a share transfer agreement with SeABank to acquire all shares in PTF. Following approval from relevant Vietnamese authorities, the transaction was completed in February 2025. Subsequently, during the post-merger integration process, AFS identified potential discrepancies in loan-loss provisions at PTF. In response, AFS issued a formal notice to SeABank regarding possible reconsideration of the transaction, based…
SeABank And AFS Clarified Matters Related To The Charter Capital Transfer Agreement Of Post And Telecommunication Finance Company Limited (PTF)
HA NOI, VIETNAM – Media OutReach Newswire – 31 July 2025 – Regarding the Charter Capital Transfer Agreement of Post and Telecommunication Finance Company Limited (“PTF“) and the public announcement issued by AEON Financial Service Co., Ltd. (“AFS“), Southeast Asia Commercial Joint Stock Bank (“SeABank“) and AFS have been engaged in constructive discussions to comprehensively [...] Source from InfoStride News
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