KJCF sells 60pct KJCPV’s shares

Representative of Kian Joo Can Factory Bhd (KJCF) of Malaysia has confirmed with Dau tu (Vietnam Investment Reviews) reporter about agreement for sale of its 60 percent shares in Kian Joo Canpack (Vietnam) Co Ltd joint venture (KJCPV) at a price of $9.3 million.

KJCPV specialises in processing canned soft drinks in Binh Duong, Vietnam. Buyer is a Nihon Canpack Co Ltd (Japan) which holds 40 percent shares in KJCPV.

 

Category: Stocks