By Nguyen Thi Bich Ngoc
Marks fifth investment by Mekong Enterprise Fund III
The two JVs to have a total initial charter capital of $10 million.
This will adjust the ownership interest in the SuperFoods Group to 60 per cent held by Jollibee.
Funding is part of $100-million follow-up round.
The firm has invited 15 investors to participate in its privatisation process.
Carlsberg holds a 17.5% stake in Habeco currently.
South Korea’s Samsung Fire & Marine Insurance Company Limited has entered an agreement to acquire a 20 per cent interest in Vietnam-based insurer PJICO, a unit of Vietnam’s largest petrol dealer Petrolimex. The per share price of the private placement is VND30,000 ($1.3), which means Samsung Fire & Marine Insurance will need to… Read more »
The investment was made by the Mekong Enterprise Fund III.
IFC had also funded the parent firm The PAN Group in a $6.5m deal in 2015.
Vietnam’s government investment arm SCIC, the state investor in the country’s biggest firm Vinamilk, has inked a deal with Thai Kasikorn Bank to unlock more investment opportunities in Vietnam. SCIC, or the State Capital Investment Corporation, said the collaboration will help woo foreign investors into the country as well as… Read more »