A group of investment funds run by Dragon Capital on Monday Monday it has sold 800,000 shares of steel giant Hoa Phat Group (HPG) to reduce its holdings to about 198.15 million shares, or 5.98 per cent.
Hoa Phat Group (HPG) plans to issue an additional 250 million shares to raise capital for its strategic Hoa Phat Dung Quat iron and steel production complex project this year.