Thai food giant to list on Vietnam stock exchange
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Thai food giant Charoen Pokphand Foods has green-lighted its Vietnam subsidiary’s plans to list its shares on the Ho Chi Minh Stock Exchange.
CPF has made a filing with the Stock Exchange of Thailand, but details are unavailable about plans for an IPO and others.
C.P. Vietnam gets around 70 percent of its revenues from processed and fresh pork and chicken products.
It built its first processing plant in Vietnam in 1993 and now has nine around the country.
Vietnam’s stock exchanges have eight foreign companies listed on them, and they account for 0.3 percent of their market capitalization.
Another foreign firm, Japanese retailer Aeon, has announced its intention to list in Vietnam.
Questions & Answers
Q.What proportion of C.P. Vietnam's revenue comes from its pork and chicken products?
What proportion of C.P. Vietnam's revenue comes from its pork and chicken products?
Approximately 70 percent of C.P. Vietnam's total revenues are generated from its processed and fresh pork and chicken products. These goods form a significant part of their business operations in the country.
Q.How many foreign companies are currently listed on Vietnam's stock exchanges, and what is their market capitalisation share?
How many foreign companies are currently listed on Vietnam's stock exchanges, and what is their market capitalisation share?
There are eight foreign companies already listed on Vietnam's stock exchanges. Collectively, these firms represent 0.3 percent of the total market capitalisation of those exchanges.
Q.When did C.P. Vietnam establish its first processing plant in the country?
When did C.P. Vietnam establish its first processing plant in the country?
C.P. Vietnam built its very first processing plant in Vietnam in 1993. The company has since expanded its operations and now operates nine processing plants across the country.
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