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FPT, officially the FPT Corporation (Vietnamese: Công ty Cổ phần FPT, lit. 'FPT Joint Stock Company'; "FPT" stands for F inancing and P romoting T echnology ), is the largest information technology service company in Vietnam with operations spanning three fundamental sectors: Technology , Telecommunications and Education .
In 2006, his company opened FPT University, Vietnam's first private university; he also took up a position as the chairman of its managing board. [ 4 ] [ 5 ] He is speculated to be the richest person in Vietnam; as of January 2007, the value of his stake in FPT alone is VND2.6 trillion (US$164 million; 5,117,280 shares at VND525,000), according ...
As of 2011, 35% of business activity and 43% of profits in the People's Republic of China resulted from companies in which the state owned a majority interest. Critics, such as The New York Times , have alleged that China's state-owned companies are a vehicle for corruption by the families of ruling party leaders who have sometimes amassed ...
FPT Software Company Limited (Vietnamese: Công ty Trách nhiệm Hữu hạn Phần mềm FPT), also known simply as Fsoft is a global IT services provider headquartered in Hanoi, Vietnam, being the core subsidiary of the FPT Corporation. It is considered one of the biggest software services companies in Vietnam, with US$1.87 billion in ...
It is a specific type of exit provision that may be included in a shareholders' agreement, and may often be referred to as a buy-sell agreement. The shotgun clause allows a shareholder to offer a specific price per share for the other shareholder(s)' shares; the other shareholder(s) must then either accept the offer or buy the offering ...
There are different reasons for forming a non-stock, for profit corporation. A corporation created solely to act as nominal owner of some property might not need to have shares of stock because all of the directors or members would have been co-owners. For example, owning a safe deposit box in a corporate name: if the corporation is non-stock, the directors of the corporation are not its ...
New York Business Corporation Law section 1104-a, the holders of 20 per cent of voting shares of a non-public corporation may request that the corporation be wound up on grounds of oppression. NY Bus Corp Law §1118 and Alaska Plastics, Inc. v. Coppock , 621 P.2d 270 (1980) the minority can sue to be bought out at a fair value, determined by ...
Foreign ownership of assets is widespread in a modern, globally integrated economy, at both the corporate and individual levels. An example of the former is when a corporation acquires part, or all, of another company headquartered overseas, or when it purchases property, infrastructure, access rights or other assets in countries abroad. [2]
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