DOJI buys 10% stake in Bamboo Capital

December 13, 2017 - 09:00

DOJI Group has became a major shareholder and strategic partner of Bamboo Capital after acquiring a 10 per cent stake (10.8 million shares).

Bamboo Capital is implementing a project to expand this road in Long An Province under the build-operate-transfer mode, aiming to complete it in the first quarter of next year. — VNS Photo
Viet Nam News

HCM CITYDOJI Group has became a major shareholder and strategic partner of Bamboo Capital after acquiring a 10 per cent stake (10.8 million shares).

Phạm Minh Tuấn, deputy CEO of BCG, said: “DOJI becoming BCG’s strategic partner marks a milestone in co-operation between the two. BCG expects to have opportunities to work with DOJI in the real estate and solar energy sectors, our two main fields, over the next five years.”

BCG’s real estate projects in Quảng Nam and Đà Nẵng will see construction begin in early 2018.

Once completed in about 18 months they are expected to generate significant revenues.

BCG, which is listed on the HCM City Stock Exchange, is now completing legal procedures for the construction of small and medium-sized solar power plants in Long An, Quảng Nam and Đắk Lắk provinces in the second quarter of 2018.

DOJI is well-known for gemstone quarrying and processing, jewellery production, import and export and trading of gold bars, and jewellery store chain.

Since 2011 it has also been expanding into real estate, tourism and banking and finance. — VNS

 

 

 

 

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