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| Tran Le Nguyen. — VNS Photo |
HCM CITY (Biz Hub) — The CEO of Kido Corporation, Tran Le Nguyen, has been appointed chairman of the board of Rong Viet Securities Corporation (BKS), according to an extraordinary meeting of BKS shareholders held in HCM City on October 28.
Nguyen and his brother are the founders of food company, Kido Corporation, whose former name was Kinh Do Group.
Along with managing Kido to become the leader in the confectionary market as well as a promising foodstuff maker in today's market, Nguyen has broad experience in Initial Public Offerings in Viet Nam as he has worked with many foreign and domestic investors.
In the last three years, he has successfully been involved in many merger and acquisition cases, including selling 80 per cent of the company's snack business to a foreign company.
Nguyen has bought 24,500,000 shares of BKS, accounting for 35 per cent of the company's chartered capital.
At the meeting, BKS approved increasing the company's capital from VND350 billion (US$16 million) to VND700 billion ($32 million). — VNS