BankInvest becomes Son Kim Fashion's strategic shareholder
07-OCT-2008 Intellasia | Dau Tu Chung Khoan page 20
Oct 7, 2008 - 7:00:00 AM
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BankInvest Investment Fund recently officially became Son Kim Fashion Joint Stock Co (SKF)'s strategic shareholder via a holding of 20% into the local firm.
At the signing ceremony of strategic shareholder agreement held on October 3, Nguyen Hoang Tuan, SKF's director said that his company will use the investment capital from BankInvest to improve business development and market expansion. SKF is now among the leading fashion companies in Vietnam specialising producing and distributing well-known fashion underwear products such as Jockey, Jox, JBUSS and others like WOW, WOWECO and Elli.
Established in Denmark and being the biggest asset management group at Scandinavia with total assets of US$35 billion, of which US$6 billion invested in development countries' market, BankInvest has invested in Vietnam's 10 companies and is officially the strategic shareholders of eight companies.
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