SCIC to auction $328m stake at Seaprodex, holder of prime lands in Ho Chi Minh City

The State Capital Investment Corporation (SCIC) will auction its entire 63.38 percent stake in Vietnam National Seaproducts Corporation (Seaprodex), which manages and uses several prime properties in Ho Chi Minh City, as a single lot at a starting price of VND8.509 trillion (nearly US$328 million), according to an SCIC auction announcement..