By Nguyen Thi Bich Ngoc
Standard Chartered Private Equity (SCPE) will secure a seat on the board of Vietnam-based agribusiness firm Loc Troi Group, which was the PE investor’s second investment in the Southeast Asian country. The development was confirmed by Loc Troi, formerly known as An Giang Plant Protection Company, prior to its shareholder meeting… Read more »
Recent developments in the deal landscape in Vietnam saw VinaCapital, the country’s leading asset management firm, fully divest a township project located in Dong Nai province. In another deal, Evolable Asia of Japan acquired Punch Entertainment Vietnam, a game developer. VinaCapital fully divests Dai Phuoc Lotus Vietnam Opportunity Fund (VOF) and… Read more »
ANZ sold its retail operations in HK, SG, China, Taiwan & Indonesia in 2016.
A total of 1.3 billion shares will be listed on the exchange on April 21.
Vietnam’s electricity major PetroVietnam Power Corporation (PV Power) said to sell down a major minority stake of 49 per cent as it expected an initial public offering to be completed in August, a transaction that could be valued at $600-700 million, a top executive with the company confirmed. The firm’s… Read more »
This is Monk’s Hill’s first funding for a Vietnam-connected startup.
In startup related developments in Vietnam, Shanghai-based co-working space chain naked Hub is expanding its presence in the country while Uber has received the state approval to legally operate in different cities. Co-working space startup naked Hub to open three locations in Vietnam Gaw Capital-backed naked Hub has reportedly announced… Read more »
The bank also expects to publicly list in Q3/2017.
Unilever may be interested in picking up a stake in the company.
The joint investment valued Appota at about $50 million.