Van Duc Tien Giang Food Export Company (Vietnam)

As collected, it has significantly changed major shareholder since 2018, from Vinh Hoan Corporation (HOSE: VHC) to Huu Phuoc Food Jsc incorporated in 2017. And, we find out information about conflicts of interest in this M&A transactions (see news section below). VHC disclosed that it withdrew capital in Van Duc Tien Giang to help to reduce debt pressure and to have more financial resources in expanding farm areas. In addition, Van Duc Tien Giang's farm area had an unfavorable location, far with VHC's factory and located near the sea and therefore, it was subject to saltwater intrusion.Moreover, VHC wanted to focus raw material and production areas in the Dong Thap. However, VHC remains relationship with Van Duc Tien Giang through Ms. Truong Thi Le Khanh and purchase as well as sales with Van Duc Tien Giang. Furthermore, Van Duc Tien Giang's parent company has little information on the media search.For management, Ms. Truong Thi Le Khanh has penetrated in Vietnamese market since 1997 by establishing Vinh Hoan Private Enteprise. This shows an indication of having more than 20 years of experience in this industry. Additionally, she is a senior manager and shareholder of VHC and Van Duc Tien Giang.