KIDO is considering listing Tuong An and Tho Phat on the stock exchange.

KIDO Group will restructure and proceed with the listing of its subsidiaries such as Tuong An and Tho Phat.

On May 28th, KIDO Group Joint Stock Company (stock code KDC) held its 2026 Annual General Meeting of Shareholders. In 2026, the group will continue its strong expansion into the essential food industry with convenient and essential kitchen spice lines; focus on developing new products, expanding the consumer goods sector and shopping mall system. It will optimize multi-channel product design, increasing coverage and presence among consumers. All operations will be based on three strategic pillars: Production; Joint Ventures and Partnerships; and Mergers and Acquisitions (M&A).

KIDO is considering relisting Tuong An and Tho Phat.

PHOTO: Residential Area

A key item presented by the board of directors at the general meeting was the restructuring and merger plan for the edible oil segment. Accordingly, Tuong An will become the flagship company, acting as the parent company in the group's oil industry; simultaneously owning and directly controlling Vocarimex, as well as indirectly KIDO Nha Be through Vocarimex. KIDO Group plans to significantly increase Tuong An's charter capital from VND 338.8 billion to VND 3,188 billion. Specifically, Tuong An will offer shares to KIDO privately, and KIDO will contribute capital in the form of Vocarimex shares. After completion, Tuong An is expected to hold at least 93% of Vocarimex's charter capital. Following the restructuring, Tuong An may be relisted (Tuong An was previously listed on the HOSE but was delisted in 2022 when KIDO Group restructured to streamline its management and focus on production and business activities).

Simultaneously, KIDO is also investing in expanding Tho Phat's operations with the goal of opening an additional 300 miniBAO stores, turning these miniBAOs into hubs for all KIDO Group products. At the same time, they aim to expand their distribution network by adding 5,000 traditional sales points and 2,000 modern sales points nationwide. The management also plans to list Tho Phat on the stock exchange for the first time.

KIDO's annual general shareholders' meeting took place on May 28th.

PHOTO: MP

Regarding business plans, the company's leadership anticipates complex developments in the global economy . Domestically, although Q1 2026 recorded positive GDP growth of 7.83%, domestic purchasing power is recovering slowly due to a tightening of spending sentiment amid inflation and employment risks; rising bank interest rates, etc. Therefore, KIDO's leadership cautiously sets a target of 12,000 billion VND in net revenue for 2026, an increase of 33.3%; and a projected pre-tax profit of 700 billion VND, remaining unchanged compared to the previous year.

Source: https://thanhnien.vn/kido-tinh-chuyen-niem-yet-tuong-an-va-tho-phat-185260528145327457.htm