Revealed list of more than 100 foreign investors holding nearly 27% of THACO Group's capital

thaco - Ảnh 1. — THACO is one of the largest private corporations in Vietnam - Photo: THACO

Truong Hai Group Joint Stock Company (THACO), chaired by Mr. Tran Ba Duong, has just sent a document to the business registration management agency to update its latest capital structure.

According to the report, Truong Hai has a charter capital of 30,510 billion VND, of which domestic private capital is 22,320 billion VND, equivalent to nearly 73.2%. The remaining 26.8% of capital is held by foreign shareholders, equivalent to nearly 8,200 billion VND.

The list was announced in detail by Truong Hai with a total of 108 foreign investors.

Of which, Singapore's Jardine Cycle & Carriage Limited (JC&C) accounts for the largest portion of VND8,127 billion, equivalent to 26.6%. Mr. Cheah Kim Teck is the authorized person for the entire contribution of Singaporean shareholders.

Lộ diện danh sách hơn 100 nhà đầu tư nước ngoài nắm gần 27% vốn Tập đoàn THACO - Ảnh 2. — Partial list of foreign shareholders

Most of the remaining shareholders on the list are currently residing in Korea, followed by Vietnam, Canada, Japan...

On their website, Jardine Cycle & Carriage (JC&C) describes themselves as a business that started in 1899 in Kuala Lumpur, Malaysia.

From a grocery store to a motor vehicle business, JC&C has grown into a large company listed in Singapore on the Singapore Exchange (SGX).

Also according to JC&C, they have registered to buy individual convertible bonds worth 350 million USD of Truong Hai Group, maturing in 2027.

Notably, JC&C's investment list, in addition to Truong Hai, also includes many other Vietnamese businesses such as: REE with more than 41% of shares, Vinamilk with 10.6%.

Regarding THACO, this is one of two large private enterprises in Vietnam that are "racing" to propose investment in the North-South high-speed railway project.

The predecessor of this company is Truong Hai Auto Corporation.

This private enterprise was established in Dong Nai , with Mr. Tran Ba Duong (born in 1960) as founder, Chairman of the Board of Directors and legal representative.

In the most recent update, which took place near the end of 2020, THACO increased its charter capital from VND 16,950 billion to VND 30,510 billion.

Regarding business situation, THACO reported after-tax profit in 2024 of 3,025 billion VND, more positive than in 2023 with 2,655 billion VND, corresponding to a growth rate of 14%.

BINH KHANH

Source: https://tuoitre.vn/lo-dien-danh-sach-hon-100-nha-dau-tu-nuoc-ngoai-nam-gan-27-von-tap-doan-thaco-20251116212543426.htm