This move has resulted in Dragon Capital''s ownership stake in Đức Giang Chemical Group increasing from 4.99 per cent to 5.03 per cent of the company''s charter capital.
Duc Giang Chemical Group, formerly known as Duc Giang Chemical Company, is a State-owned enterprise under the Viet Nam General Department of Chemicals, established in 1963.
The Việt Nam National Chemical Group (Vinachem) has registered to auction all 11.45 million shares it holds in Duc Giang Chemical Group JSC (DGC), equivalent to 8.85 per cent of DGC’s capital.