The Finnish fund Pyn Elite Fund sold 5 million DBC shares on March 14, 2025, reducing its stake from 5.11% to 3.61%, thus exiting from major shareholder status at Dabaco. Based on the DBC share price of 29,350 VND on that date, the fund generated approximately 146.75 billion VND from this sale. In another development, Dabaco raised over 1,330 billion VND through a sale of nearly 80.7 million shares to existing shareholders and 12 million shares to employees in 2024, allocated towards the construction of a soybean oil processing plant. By February 28, 2025, the company had disbursed about 706.1 billion VND, leaving 623.9 billion VND unspent. Additionally, Dabaco plans to hold its Annual General Meeting in April 2025.
Leave a Reply