Set as Homepage    Add Favorites

Hong Kong investors buy Vinacafe shares
Date: 12/30/2013 10:16:26 AM
The Hong Kong-based GaoLing Fund has bought a 24% share in Bien Hoa Vinacafe (VCF) for VND877.5 billion.

The shares were purchased from the Vietnam Coffee Corporation (Vinacafe), which now possesses 12.85% of VCF. GaoLing is VCF’s second largest shareholder behind Masan Consumer‘s 53.2% ownership. The GaoLing Fund remains focused on Asia and particularly Southeast Asia. Its total investments are worth around US$773 million. VCF share prices fell from more than VND200,000 each in the middle of this year to their current VND137,000 per share. Its third quarter profit reached VND62.45 billion, up 28% from last year’s same period.
(Source:VIR)
   Other news
Homepage | News | Search | Comparison| Terms Of Use | Contact | User

INDOCHINA INTERNATIONAL CONSULTING CO., LTD
HO Add: 62L/36 Nguyên Hồng, Ward 11, Bình Thạnh District, HCMC - Vietnam
Biz Office Add: #48 Road No 11, Quarter 6, Hiệp Binh Chánh Ward, Thủ Đức, HCMC - Vietnam
®Source: http://viipip.com should be clearly quoted for any use of information extracted from our website.
Publication permit No: 60/GP-TTĐT , April 05, 2010.