The Hanoi Stock Exchange (HNX) has announced the results of the auction for shares of Colusa – Miliket Foodstuff Joint Stock Company (Stock Code: CMN, UPCoM market), owned by Vietnam National Tobacco Corporation (Vinataba).
Specifically, a total of 960,000 shares were auctioned, representing a 20% stake in Colusa – Miliket’s charter capital, with a starting price of 114.72 billion VND per lot.
Four individual investors participated in the auction, with valid bids totaling 3.84 million shares. The highest bid reached over 206.1 billion VND per lot, while the lowest bid was 114.72 billion VND per lot.
At the close of the auction on December 18, 2025, one investor successfully won the bid for the aforementioned share lot. The total value of the shares sold exceeded 206.1 billion VND.
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Payment for the shares must be made between December 18, 2025, and December 24, 2025. Deposits will be refunded from December 19, 2025, to December 24, 2025.
Colusa – Miliket Foodstuff Joint Stock Company was formed in 2004 through the merger of Colusa Foodstuff Enterprise and Miliket Foodstuff Enterprise, both subsidiaries of the Southern Food Corporation. The company was privatized in 2006 under the Ministry of Agriculture and Rural Development.
As of December 31, 2024, Colusa – Miliket’s charter capital stands at 48 billion VND. Shareholders include Southern Food Corporation (30.72%), Vinataba (20%), Mesa Service and Trading LLC (20.08%), Thien Hai Investment and Trading LLC (5.53%), Mr. Trinh Viet Dung (9.71%), and other shareholders (13.96%).
In terms of financial performance, the company’s 2024 audited consolidated financial report shows net revenue of over 739.7 billion VND, a 2.8% increase from 2023. After-tax profit reached nearly 23.1 billion VND, up 10.5% year-on-year.
By the end of 2024, total assets increased by 3.1% to over 300.3 billion VND. Held-to-maturity investments accounted for 59.7% of total assets, valued at nearly 179.2 billion VND.
On the liabilities side, total payables rose slightly to over 140 billion VND. Short-term trade payables and employee benefits constituted 36.5% and 31.2% of total liabilities, respectively.
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