On November 20, 2023, Pyn Elite Fund (NON-UCITS) officially became a major shareholder of Hồng Hà Investment and Infrastructure Development Joint Stock Company (HDG), with a ownership rate of 7.82%. This event marks an important milestone in the fund’s investment strategy and indicates the interest of foreign investors in HDG. According to information from HDG, the fund has publicly expressed its intention to increase its ownership rate in the near future, aiming to capitalize on the company’s strong development potential in the infrastructure and real estate sectors. Analysts predict that the presence of Pyn Elite Fund will help improve both the reputation and capital-raising capabilities of HDG in the future.
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