PVFC Capital buys 6.1 million shares of Cà Mau Fertilizer

July 09, 2016 - 09:52

PVFC Fund Management Joint Stock Company (PVFC Capital) reported the purchase of 6.1 million shares of Cà Mau Fertilizer (DCM).

Ca Mau Fertilizer is one of the leading fertiliser firm in the south of Viet Nam. — Photo cafef.vn

HÀ NỘI — PVFC Fund Management Joint Stock Company (PVFC Capital) reported the purchase of 6.1 million shares of Cà Mau Fertilizer (DCM).

Accordingly, the fund has raised its stake in DCM from 8.01 per cent to nearly 9.16 per cent, reaching a total of nearly 45 million shares.

From the beginning of April, PVFCC continuously bought shares in the fertilizer firm in Cà Mau Province and became the firm’s second largest shareholder.

Currently, the largest shareholder of Cà Mau Fertiliser is PetroVietnam (PVN), with more than 400 million shares, equivalent to a 75.56 per cent stake in the company. — VNS

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