Kido buys 25% stake in food producer Tho Phat

Kido buys 25% stake in food producer Tho Phat

Leading Vietnamese food and cooking oil producer Kido Group completed the purchase of a 25% stake in Tho Phat Food Processing Company on Monday, and is negotiating to buy more to be the majority shareholder.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Kido to acquire 25% stake in food maker Tho Phat, invest more

Kido to acquire 25% stake in food maker Tho Phat, invest more

Vietnamese leading food and cooking oil producer Kido Group will purchase a 25% stake in Tho Phat Food Processing Company, and continue to raise its ownership to the range of 51-70%, said Kido vice board chairman and CEO Tran Le Nguyen.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7