Vinh Hoan Purchases Additional Shares of Sa Giang
Back in January Vinh Hoan successfully acquired just over a 51% stake in Sa Giang Import Export Company. Now, the company announced on Monday that they’re “performing the purchase of additional shares” of Sa Giang.
As briefly mentioned above, Vinh Hoan secured 51.29% of Sa Giang, spending nearly $15.2 million to buy 3.56 million shares from State Capital Investment Corporation. The company will now be purchasing an additional 25.43%, this time from four individual investors. The latest acquisition will increase Vinh Hoan’s ownership of Sa Giang to 76.72%...
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