VinaCapital increase ownership in KDC, decrease in FRT

Wednesday, May 09, 2018 08:19

Customers shop for moon cakes at a Kinh Do shop in HCM City. — Photo

Investment fund management company VinaCapital Group has increased its ownership in food producer KIDO Group (KDC) to over 5 per cent and became a large shareholder of this company.

Liva Holdings Limited under VinaCapital’s management purchased 290,000 shares of KDC to increase its holdings to 10.3 million shares, equivalent to 5.03 per cent, and has officially become a major shareholder of KDC since May 2.

In an opposite move, VinaCapital has sold 320,000 shares of FPT Digital Retail JSC (FRT) and Bao Thinh VinaWealth Enhanced Fixed Income Fund has sold 66,750 shares. After the sales, these two funds hold a combined 264,390 shares, equivalent to 0.66 per cent of FRT’s total shares.

The VinaCapital-led consortium, also including Hung Thinh VinaWealth, Viet Nam Equity Special Access Fund and VOF Investment Limited, has reduced its stake in FRT from 10.28 per cent to 9.31 per cent. — VNS

Comments (0)