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VinaCapital divests shares from KDH


VinaCapital divests shares from KDH
12:30 | 20/05/2021
Vietnam Ventures Ltd., a fund managed by VinaCapital, registered to sell 7.7 million shares of Khang Dien House Trading and Investment JSC (KDH) to decrease its ownership rate to 3.67 per cent.
According to the 2020 annual report of KDH, the total ownership of VinaCapital was about 13.3 per cent by the end of 2020
Vietnam Ventures Ltd. owns more than 28.2 million KDH shares, equivalent to 5.05 per cent of charter capital. If the transaction succeeds, the fund will still hold 20.5 million shares, equivalent to an ownership rate of 3.67 per cent and will no longer be a major shareholder of KDH. ....

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