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This event is open for all professionals interested or currently working in Starups in Hanoi, or supply chai professionals in Hanoi, or who are interested in looking for business collaboration for U.S. market through meeting with a delegation of Baylor University (U.S.), Executive Master Program.

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SUPPLY CHAIN MANAGER - TEDIS VIETNAM

Plan, develop, optimize and organise the movement of products right the way through to customers.

PURCHASING MANAGER - DETMOLD PACKAGING
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KEY ACCOUNT MANAGER - DHL SUPPLY CHAIN
Overall Role Purpose: Maintain and develop additional business in Contract Logistics (Warehousing and Transport) from the existing customers

DRAGON CAPITAL SPENDS $143.6 MILLION ON SABECO SHARES

2018-03-16 16:40:10

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DRAGON CAPITAL SPENDS $143.6 MILLION ON SABECO SHARES

 

Seven foreign investment funds managed by Dragon Capital completed the purchase of 15.3 million shares, equaling 2.3 per cent of the charter capital of Sabeco, on March 15 for VND3.27 trillion ($143.6 million).

 

 

The deal took place after Sabeco reported a plunge in share value.

Previously, on December 18, 2017, Sabeco successfully sold 343 million shares, or 53 per cent stake, to Vietnam Beverage Co., Ltd. (a subsidiary of Thai Beverage) for VND110 trillion ($4.83 billion).

Detailed information about the deal was published by Vietnam Securities Depository (VSD) (See box below).

 

 

Ending the transaction session of March 15, Sabeco’s shares were valued at VND214,000 ($9.4), thus, Dragon Capital spent VND3.27 trillion ($143.6 million) on the deal.

In late February, a group of funds run by Dragon Capital, including Vietnam Enterprise Investments Ltd. (VEIL), Wareham Group Limited, Norges Bank, KB Vietnam Focus Balanced Fund, and Hanoi Investments Holdings Limited, spent over VND841 billion ($37 million) to buy 5.22 million shares in Phu Nhuan Jewelry JSC (HSX: PNJ).

Besides, in August 2017, Dragon Capital and VinaCapital completed the purchase of a 30 per cent stake, equaling six million shares, in FPT Retail, aiming to plunge deeper into the retail sector, especially the mobile retail segment.

Neither the deal’s value nor the share volumes transferred to Dragon Capital and VinaCapital were disclosed, however, according to rumours, Dragon Capital currently holds a 20 per cent stake in the mobile retailer.