Kido Frozen Foods Joint Stock Company (KDF) has recently reported changes in ownership by a major shareholder, an investor holding over 5% of the shares in Rong Viet Securities Joint Stock Company (VDSC, Stock Code: VDS, HoSE). On January 27, 2026, KDF acquired 5.3 million VDS shares through a negotiated transaction, increasing its ownership stake in Rong Viet Securities from 2.02% (5.5 million shares) to 3.97% (10.8 million shares).
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Additionally, a related entity to KDF, Nutifood Binh Duong Nutrition Joint Stock Company, currently holds 11.75 million VDS shares, equivalent to 4.32% of the capital.
Following the aforementioned share purchase, these two entities collectively own 22.55 million VDS shares, representing an 8.29% stake in Rong Viet Securities.
Previously, on January 26, 2026, KDF purchased 5.5 million VDS shares, increasing its ownership from 0% to 2.02% of Rong Viet Securities’ capital.
Kido Frozen Foods Joint Stock Company, established in 2003, was once wholly owned by Kido Group Joint Stock Company (Stock Code: KDC). In July 2022, KDF underwent corporatization and increased its charter capital from VND 541.6 billion to VND 741.6 billion.
Post-conversion, Kido reduced its ownership in KDF from 100% to 73.03%, equivalent to 54.16 million shares. By 2023, Kido further transferred 24.03% of KDF’s shares to Nutifood Nutrition Joint Stock Company, reducing its stake to the current 49%.
Meanwhile, Nutifood acquired additional shares from various shareholders, securing a 51% stake in KDF by September 2024, thereby becoming KDF’s parent company.
KDF originally managed Kido’s brands such as Celano and Merino. However, Kido announced that prior to reducing its stake in KDF, the group had transferred key brands, including Celano and Merino, back to its own portfolio.
In late 2025, with shareholder approval, Kido Group passed a resolution to transfer 36.33 million shares, equivalent to the remaining 49% stake in KDF, to Nutifood Nutrition Joint Stock Company. If this transaction is completed, Kido will fully divest from KDF.
Alongside the complete divestment, Kido stated it would undertake necessary procedures to re-establish ownership of iconic ice cream brands like Celano and Merino for KDF.
Regarding VDS share transactions, shareholder Nguyen Xuan Do successfully sold 5.3 million shares on January 27, 2026, via a negotiated transaction.
Prior to the transaction, Mr. Do held over 37.2 million shares, representing a 13.68% stake in Rong Viet Securities. Post-transaction, his shareholding decreased to over 31.9 million shares, equivalent to an 11.73% stake.
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