Ho Chi Minh City Securities Corporation (HSC, HOSE: HCM) announced the successful completion of the divestment of 100% equity interest in Post and Telecommunication Finance Company Limited (PTF) by Southeast Asia Commercial Joint Stock Bank (SeABank) to AEON Financial Service Co., Ltd. (AEON Financial). HSC acted as Sell-side Advisor on this transaction.

PTF, one of the first finance companies in Vietnam, was acquired by SeABank from Vietnam Posts and Telecommunications Group (VNPT) in 2018. Since then, SeABank has invested in PTF, enhancing its human resources, advancing technology, diversifying financial products, and expanding its operational network. As part of strategic shift to focus on core banking operations, SeABank decided to divest its stake in PTF to AEON Financial.

Following the signing of the agreement in October 2023 for the sale of 100% equity interest in PTF worth VND4,300 billion (USD172 million equivalent), SeABank and AEON Financial closely collaborated to complete the transaction in February 2025. The transaction was approved by the relevant regulatory agencies of Vietnam and Japan.

Post-transaction, SeABank and AEON Financial plan to expand their partnership further, capitalizing on each party’s strengths to foster the growth of Vietnam’s financial market.

With a strong track record in M&A advisory, HSC continues to support clients in M&A transactions, leveraging its deep market insights and extensive network to create value-driven opportunities. The transaction further solidifies HSC’s position as a leading investment banking firm in Vietnam.