Thaiholdings to Acquire 15% Stake in Genesis Fund

Thaiholdings Joint Stock Company (HNX: THD) has announced plans to invest in 750,000 shares of Genesis Fund, totaling 7.5 billion VND, equivalent to a 15% stake. The transaction is expected to be completed in Q2 2025. Previously known as AIC Fund Management Company, Genesis Fund was renamed in February 2020 and currently has a charter capital of 50 billion VND. The fund primarily invests in securities, focusing on bank shares and gold.

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