Searefico Divests Remaining Arico Stake to Japanese Partner

Searefico Divests Remaining Arico Stake to Japanese Partner

The Board of Directors of Searefico Corporation (HOSE: SRF) has officially approved the resolution to divest its remaining 48.616% stake in Asia Refrigeration Industry Joint Stock Company (Arico) to its strategic partner, Hoshizaki. The share transfer is expected to be finalized in June 2026, successfully concluding the investment portfolio restructuring roadmap planned by the Group.

The monetization of matured assets is a cornerstone of Searefico’s capital optimization strategy for the 2026–2030 period. Searefico expects to book a financial gain from the transaction in the second half of 2026. This resource are intended to fund two infrastructure projects: A Bonded Warehouse and a Multi-functional Logistics Complex at the Da Nang High-Tech Park (Lien Chieu Ward).

These are pivotal projects designed to enhance Searefico’s value chain, targeting high-quality growth and generating sustainable cash flow from specialized engineering, green industrial infrastructure, and logistics.

Previously, the transfer of a 51% stake in Arico to the same Japanese partner was completed in March 2025.

Confidence in Searefico’s development trajectory is further underscored by key leadership increasing their ownership stakes. On March 26, 2026, the Chairman of the Board, Mr. Le Tan Phuoc, finalized his transaction of SRF shares, raising his ownership to 5.53%. The Chief Executive Officer, Mr. Nguyen Khoa Dang, also completed his share acquisition, increasing his stake to 2.82%.

Beyond capital structural changes, Searefico’s commitment to governance transparency has reached a significant turning point. The recently published 2025 Audited Financial Statements are now entirely free of qualified opinions from the independent auditor. For shareholders and investors, the complete removal of such qualifications is a vital prerequisite for SRF shares to exit the "under control" status, thereby enhancing prestige and liquidity on the stock market.

Commenting on these developments, Searefico’s CEO, Mr. Nguyen Khoa Dang, stated: “The divestment agreement at Arico is a strategic 'harvesting' step, allowing Searefico to shift resources into sectors with high technical content. With a stable financial foundation and transparency reaffirmed by the audit report, we are focused on creating substantive and sustainable value for our long-term investors.”

FiLi