Japanese firm acquires 23.7 per cent stake at Transimex 14:09 | 20/12/2020
Transimex Corporation s warehouse in Binh Duong Province.- Photo transimex.com.vn
The deal was executed on December 14, the Japanese logistics company said in a filing to the Ho Chi Minh Stock Exchange (HoSE).
After the deal, Ryobi International Logistics Viet Nam owns 23.7 per cent of the capital at Transimex Corporation.
Ryobi International Logistics Viet Nam has replaced Casco Investments Limited in the shareholder structure of Transimex Corporation.
On December 14, Casco Investments Limited offered the entirety of more than 17.2 million shares for sale, equal to 24 per cent of capital.
The shares were completely sold on the day and Casco Investments Limited was no longer the major shareholder at Transimex Corporation.
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