Mekong Capital invests in food firm
Mekong Capital said its Vietnam Azalea Fund will invest US$9.4 million in Masan Food.
The fund management company said the food firm was the industry leader and had the potential to develop in future since it had strong management and a clear vision.
It would help the food producer, whose portfolio includes famous brands like Tam Thai Tu and Chinsu, improve its management even further, Mekong Capital added.
The $100-million Vietnam Azalea Fund is, in the first phase, focused on investments in unlisted equitized businesses.
Mekong Capital manages the Mekong Enterprise Fund, Mekong Enterprise Fund II, and Vietnam Azalea Fund and has invested in AA corporation, International Consumer Products, Mobile World and Digiworld.
Minh Quang
thanhnien
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