Half of Thai Nguyen International Hospital’s Shares Are Held by Foreign Funds: Who Are the Major Players?

Recently, foreign investors have been actively purchasing shares of Thai Nguyen International Hospital Joint Stock Company (TNH). Notably, Blooming Earth Pte., Ltd from Singapore has acquired over 6.7 million shares, increasing its ownership to 13.74%. Similarly, Access S.A. from Luxembourg has bought 1.6 million shares, raising its stake to 8.05%. In addition, Mekong Capital and KWE Beteiligungen AG from Switzerland also hold shares in TNH, with foreign investor ownership reaching 52.76%. TNH currently operates three hospitals, with a total of 700 beds and 800 staff. In Q4 2024, TNH reported revenue of nearly 111 billion VND but incurred a loss of over 13.5 billion VND due to rising operational costs and underperforming revenue from new facilities. Overall revenue for 2024 also decreased compared to the previous year.

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