Services
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The TTC AgriS leadership is committed to optimizing capital and ramping up investments to pursue a “green” business strategy and sustainable development.
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As of July 9, 2024, Mrs. Đặng Huỳnh Ức My holds 144,973,158 SBT shares, equivalent to 19.02% of the capital contribution. The transaction is expected to be executed through a matching order and/or put-through. The transaction will be conducted from July 12, 2024, to August 10, 2024. If the transaction is successful, Mrs. My is expected to hold 74,973,158 shares, equivalent to 9.84% of the capital contribution. It is understood that the transaction is part of the plan to expand the scale of production and business and is a crucial link in the sustainable development strategy, affirming the position of TTC AgriS in the international market, in line with the orientation of the Board of Directors as a leading multinational agricultural enterprise in Vietnam.
According to shared information, the expected buyer is a foreign investment fund headquartered in Singapore. The fund has negotiated and worked with TTC AgriS for a long time before deciding to invest in the company. The fund identifies investment opportunities through attractive intrinsic value and sustainable development strategies, prioritizing listed companies in Southeast Asia with sustainable business growth rates and a particular interest in ESG investment performance.
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TTC AgriS Vice President, Mrs. Đặng Huỳnh Ức My, delivered the opening remarks at the TTC AgriS International Partners Day 2024 in Singapore, unlocking global cooperation potential to build a sustainable agricultural industry and international trade value chain. The event gathered more than 60 senior leaders from government agencies and international financial institutions from Vietnam, Singapore, and Australia.
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At the TTC AgriS International Partners Day 2024, held in Singapore in May 2024, Mrs. My emphasized: “TTC AgriS is a pioneer in fulfilling the mission of enhancing the circular green economic value chain and thereby consolidating Vietnam’s sustainable high-tech agriculture. With a business philosophy adapted to each country, Solution – Smart – Sustainability forms the core foundation. In addition, TTC AgriS maintains sustainable development and becomes the preferred destination for leading financial institutions in the region, continuously attracting green capital from foreign investors.”
As of the end of May 2024, the foreign ownership ratio at TTC AgriS continuously recorded growth, reaching 12.85%, an increase of 6% compared to the beginning of 2024. In April, SBT was also among the top stocks net bought by foreign investors, along with MWG, PVS, MBB, and HPG.
The market trend is gradually changing as macroeconomic factors such as interest rates, exchange rates, and monetary policies have significantly impacted foreign investors’ global capital restructuring actions. Foreign capital inflows into Vietnam are now more cautious and selective, focusing on sustainable development enterprises that meet ESG standards.
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TTC AgriS is honored to be among the 500 most profitable enterprises in Southeast Asia – Fortune 500 Southeast Asia 2024, announced for the first time by Fortune magazine (USA).
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It can be seen that TTC AgriS is currently one of the pioneering enterprises in Vietnam in upgrading and standardizing the enterprise governance system based on sustainable development. The company is applying ESG standards to all governance, production, and business activities and striving to improve its governance framework to meet stringent international norms. Thanks to these efforts, TTC AgriS is increasingly attracting and becoming the destination of choice for foreign investors looking for investment opportunities in Vietnam.
The most extensive bribery case ever in Thanh Hoa: Numerous suspects prosecuted for “Giving and Receiving Bribes”
The Provincial Security Investigation Agency (PSIA) of Thanh Hoa province announced on January 31st that it has made the decision to initiate a prosecution against 23 individuals in connection with the offenses of “Accepting bribes” and “Giving bribes” as stipulated in Article 354(3) and Article 364(2) of the Criminal Code.
Accelerating disbursement of the 120 trillion VND credit package for social housing
Deputy Prime Minister Trần Hồng Hà has recently issued directives regarding the implementation of the 120,000 billion VND credit package for investors and buyers of social housing, workers’ housing, and projects for the renovation and construction of apartment buildings.
“Prosecution of government officials, land registration officers, and tax department employees in the largest bribery case ever”
The Thanh Hoa Police Investigative Agency has initiated legal proceedings against 23 individuals involved in the crimes of “Bribery” and “Receiving bribes”. This is the largest bribery case in terms of the number of suspects ever discovered and apprehended by the Thanh Hoa Police.
Dragon Capital Chairman: “Long-term vision is needed, accepting necessary adjustments for a safer, more efficient, and higher quality market”
According to Mr. Dominic Scriven, Chairman of Dragon Capital, the role of the finance industry in the stock market will be significant in 2023 and possibly in 2024. The roles of other industries, such as real estate or consumer goods, will depend on their respective challenges.
Mobile World achieves revenue of VND118,000 trillion: TVs, tablets, and phones all decrease by 10% – 50%, while one product grows in both quantity and revenue.
Mobile World Investment Corporation (MWG) has recently announced its 2023 business results. According to the report, the company’s consolidated revenue reached over 118 trillion Vietnamese dong, equivalent to 89% of the revenue in 2022.
