DC Developing Markets Strategies to buy 500,000 Vinamilk shares

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DC Developing Markets Strategies Public Ltd Company has registered to buy an additional 500,000 shares of Viet Nam Diary Products Joint Stock Company (Vinamilk).

Vinamilk is the largest diary producer in Viet Nam. Its shares are traded at VND124,600 (US$5.5) in today morning session. — Photo Vinamilk

DC Developing Markets Strategies Public Ltd Company has registered to buy an additional 500,000 shares of Viet Nam Diary Products Joint Stock Company (Vinamilk).

The transaction will be conducted from December 28 to January 24, 2017, by order-matching and put-through. After the transaction is complete, DC Developing Markets Strategies’ Vinamilk holdings will rise from 0.06 to 0.09 per cent.

Between November 21 and December 20, the company had bought 700,000 shares of Vinamilk and increased its stake from 0.04 per cent to 0.06 per cent.

The dairy giant’s shares traded at VND124,600 (US$5.5) per share in Tuesday’s morning trading session, rising by 1.7 per cent over Monday. – VNS

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