Dragon Capital ramps up stake in Vietnamese brewer Sabeco for $144m

Dragon Capital ramps up stake in Vietnamese brewer Sabeco for $144m

Sabeco's Saigon beers are display for sale in a market in Hanoi, Vietnam April 17, 2017. Picture taken April 17, 2017. Reuters.

Dragon Capital, a Vietnam-focused group of investment funds, has purchased 15.3 million shares of Saigon Beer Alcohol and Beverage Corp (Sabeco) from Singapore-based Nogard Pte. Ltd, according to Vietnam Securities Depository (VSD).

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