By Quynh Nguyen
The funding is part of An Phat’s plans to raise $200 million to support its growth over the next few years.
IPOs of PV Power and BSR raised $308 million and $245 million respectively last month, exceeding government expectations.
The offer for sale of 24 million shares is scheduled on March 9, expected to add $95 million to the State’s coffers.
The PE firm made its first investment in Vietnam by injecting $43.8 million into the country’s largest mobile device and consumer electronics retailer, Mobile World (MWG).
The government will sell its entire 34.51 per cent stake in Hanoi Trade Corporation (Hapro) in the IPO.
The solar project is one of the first large-scale solar projects in the central coast Ninh Thuan province of Vietnam.
The proceeds were in line with the government’s expectations from the stake sale.
The JV will develop institutional-grade industrial and logistics properties across the south-east Asian country
Malaysia’s fourth-largest lender by assets plans to acquire the stake for VND121.63 million ($5.37 million) in cash.
Funding into gourmet media platform Foody and e-commerce player Tiki accounted for nearly half of the total value at $118 million.