May 17, 2012 (Vietnamica) — Rumor about Masan (HOSE: MSN) acquiring Tuong An Oil Company (HOSE: TAC) has been on the market for months. Believe it or not, let’s look at the following rationales.
Masan Acquires Tuong An Vegetable Oil
How Long Is DPM Going Remain This Low
Some Business Performance and Financial Indications of Masan Group
Japanese Nichirei Acquires CholimexMarch 19, 2012 (Vietnamica) — The Japanese Nichirei Food has paid US$6.25 million for 19 percent equity stake of Cholimex. The other foreign shareholders of Cholimex are the British Giles Kristian Clifford Whitlam (5.21%) and the Danish BI Private Equity New Markets (24.62%). In total, foreigners are holding 48.83 percent equity stake of Cholimex. Foreign investors are able to possess up to 49 percent of a Vietnamese enterprise (Gafin, Mar 19).
February 29, 2012 (Vietnamica) — Komli Media, Asia Pacific’s leading media technology company, today announced its acquisition of Admax Network, South East Asia’s (SEA) largest digital media network. With a monthly reach of over 90 million unique users, Admax covers six of the world’s fastest growing markets: Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam.
India’s Bajaj Explores Collaboration Opportunities in VietnamFebruary 19, 2012 (Vietnamica) — The Bajaj Group – founded in 1926- is amongst the top 10 business houses in India. Its footprint stretches over a wide range of industries, spanning automobiles (two-wheelers and three-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance.