Japanese pharmaceutical firm increases ownership in DHT

Dec 30th at 14:01
30-12-2023 14:01:58+07:00

Japanese pharmaceutical firm increases ownership in DHT

ASKA Pharmaceutical Co., Ltd (Japan) has just announced the completion of purchasing 8.4 million shares of Hà Tây Pharmaceutical (DHT).

Inside a factory of Hà Tây Pharmaceutical Company. — Photo hataphar.com.vn

After the transaction, ASKA's ownership in the Vietnamese pharmaceutical company increased from 18.4 million shares (24.9 per cent of capital) to nearly 27 million shares (32.56 per cent of capital).

This is a private offering of DHT, with the number of additional shares issued of 8.4 million units, priced at 21,500 VNĐ/share and ASKA was the only party joining in the entire purchase.

With the offering price according to the announced plan of VNĐ21,500 per share (US$0.89 a share), the Japanese company has to spend about VNĐ181 billion for the purchase. The amount of newly issued shares will be restricted from transfer for three years.

As for DHT, the company's charter capital increased to more than VNĐ8.2 trillion after completing the transaction.

Hà Tây Pharmaceutical would invest VNĐ78 billion in the Hataphar high-tech Pharmaceutical Factory project in Hataphar, and use the remaining VNĐ102 billion to restructure bank debts in order to alleviate financial strain and improve capital autonomy.

Previously, in 2021, ASKA became a strategic investor of Hà Tây Pharmaceutical after buying nearly 5.3 million newly issued shares at a price of VNĐ70,000 per share, 18 per cent higher than the market price of DHT shares at that time.

After that, ASKA held 24.9 per cent of the charter capital of Hà Tây Pharmaceutical, equivalent to 6.6 million shares, and was the largest shareholder in this company.

By June 2023, Hà Tây Pharmaceutical paid bonus shares at a rate of 180 per cent, meaning that a shareholder holding 100 shares received 180 new shares. The number of shares held by ASAKA increased to more than 18.4 million shares.

On the stock market, DHT shares closed Friday at VNĐ23,000 a share. 

Bizhub





RELATED STOCK CODE (1)

NEWS SAME CATEGORY

MWG sees drops in revenue in November after closing about 150 stores

Revenue of all three main store chains of Mobile World Investment Corporation (MWG), including Mobile World - Topzone, Điện Máy Xanh and Bách Hóa Xanh, decreased in...

​Vietnamese conglomerate Hoang Anh Gia Lai (HAG) to sell hospital

Vietnamese conglomerate Hoang Anh Gia Lai has announced that it plans to sell 9.9 million shares, or a 99-percent stake, in its Hoang Anh Gia Lai - University...

FPT's profit before tax grows over 19% in 11 months

After 11 months of operation this year, FPT Corporation reported positive results, completing 90.3 per cent of the revenue plan and 94.4 per cent of the profit...

FPT hits $1 billion revenue

Technology giant FPT has surpassed US$1 billion in the global IT services segment, generated by its subsidiary FPT Software, according to a press release from FPT.

SABECO (SAB) adds to its numerous awards for 2023

The Ministry of Culture, Sports and Tourism organised the 2023 Vietnam Creative Advertising Awards on December 17 in Ho Chi Minh City to honour creative advertising...

VNDirect purchases over 2.86 million shares of Post and Telecommunications Insurance JSC

VNDirect Securities Joint Stock Company (VND) purchased over 2.86 million shares of Post and Telecommunications Insurance Joint Stock Company (PTI) from December 4...

Aviation stocks get a boost as VN - China cooperation strengthens

After struggling due to the pandemic and its lingering effects, aviation stocks are expected to have excellent prospects in the near future thanks to Việt Nam’s...

Funds of Dragon Capital acquire more shares of Hà Đô Group (HDG)

Two member funds of Dragon Capital have recently acquired an additional 270,000 shares of realty company Hà Đô Group Joint Stock Company (HDG), increasing their...

​Vietnam tech firm FPT launches auto unit, plans $100-mln investment

Vietnam's leading tech firm FPT has established an automotive technology subsidiary in Texas, it said on Thursday, with a $100-million plan to expand globally to...

Plastic companies experience a division in profit outcomes

The plastic industry is currently experiencing a decline in revenue, but there are notable differences in business performance among enterprises.


MOST READ


Back To Top