Last year, VinaCapital’s flagship fund, Vietnam Opportunity Fund (VOF), invested US$25 million in a private hospital operator, Tam Tri Medical Joint Stock Company.
Pharmaceutical stocks are experiencing an upsurge as fears of coronavirus have boosted demand for healthcare products and services, lifting demand for shares.
Japan’s Taisho Pharmaceutical Co Ltd will continue attempting to purchase the Hau Giang Pharmaceutical JSC’s stakes after the Vietnamese company lifted the cap on foreign ownership to 100 per cent.
The Hau Giang Pharmaceutical Joint Stock Company (DHG) is expected to attain post-tax profit of VND705 billion in 2018, up 10 per cent year-on-year, Bao Viet Securities Company (BVSC) forecasts.
Japan’s Taisho Pharmaceutical Co Ltd has successfully purchased 9.2 million shares of DHG Pharmaceutical Joint Stock Company, representing a 7.06 per cent stake.
Hau Giang Pharmaceutical Joint Stock Company, one of the leading companies in the pharmaceutical cosmetics industry, recorded profit of VND190 billion (US$4.3 million) in the second quarter of this year, up 6 per cent on-year.
Japanese pharmaceutical firm Taisho has offered to buy more than 9.23 million shares of DHG Pharmaceutical JSC (DHG), 7.06 per cent of DHG’s total shares.
Hau Giang Pharmaceutical Joint Stock Company, DHG Pharma, has completed the procedures to lift the foreign ownership cap from its current rate of 49 per cent to 100 per cent, effectively abolishing the cap altogether.
The Viet Capital Securities Joint Stock Company (VCSC) has forecast a bleak outlook on sluggish sales and rising input costs for Hau Giang Pharmaceutical Joint Stock Company (DHG).