VinaCapital-led consortium to invest $21.4m in packaging firm Ngoc Nghia

VinaCapital-led consortium to invest $21.4m in packaging firm Ngoc Nghia

An investor consortium led by Vietnam-based asset management firm VinaCapital has agreed to invest $21.4 million in local plastic packaging company Ngoc Nghia.

In a statement issued on Thursday, VinaCapital said it will invest $17 million through its Vietnam Opportunity Fund (VOF) in the packaging company and receive two seats on Ngoc Nghia’s board.

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