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Six-Month-Old Company Linked to Vinaconex 'Jumps' into Giầy Thượng Đình
🇻🇳 Vietnam/Vietnamese 5h ago Economy & Trade

Six-Month-Old Company Linked to Vinaconex 'Jumps' into Giầy Thượng Đình

Translated from Vietnamese.

Summary

An Quý Hưng Holding, a six-month-old company, has become a major shareholder in Giầy Thượng Đình (GTD) footwear company, acquiring 24% of its charter capital. This development follows GTD's recent emergence of a new major shareholder.

🇻🇳 Tuổi Trẻ Vietnam

A significant shift has occurred in the ownership structure of the venerable Giầy Thượng Đình (GTD) company. An Quý Hưng Holding, a relatively new entity established just six months ago, has rapidly emerged as a substantial force, acquiring a commanding 24% stake in GTD's charter capital. This move positions An Quý Hưng Holding as a major shareholder, a development that is sure to draw attention within Vietnam's business community. The implications of this acquisition for the future direction and operations of the historic GTD brand remain to be seen, but it signals a new chapter for the well-known footwear manufacturer.

Read the full article at Tuổi Trẻ →

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