SGL Viet Nam enters investment arrangement with Spinnaker Asset Management

SGL Viet Nam Development Ltd. said it has entered into an investment agreement with Spinnaker Asset Management Ltd. (SAM).

Under this agreement, SAM can invest up to 49% of the company's equity portion in up to four individual projects with a total investment of not more than $100 million. SAM has the right to purchase any equity available to the company in development projects which the company does not intend to take up. (Thomson Financial)