Japan's Kokuyo plans $177mn injection into subsidiary to acquire controlling stake in Vietnam's Thien Long
Economy 19:33 01/10/2026Japanese stationery and office furniture group Kokuyo has approved a US$177 million capital increase for its Singapore subsidiary, which was established specifically to acquire a 65.01 percent stake in Vietnamese stationery maker Thien Long Group Corporation (TLG), according to Kokuyo’s disclosure on the Tokyo Stock Exchange.
Amid heavy Q2 loss, Vietnam's PNC sees major share shuffle, iconic bookstore closure
Economy 21:28 08/08/2026Hit by a steep second-quarter loss, Phuong Nam Cultural Joint Stock Corporation (PNC) is undergoing major structural shifts, marked by a major internal ownership shuffle to pave the way for divestment, alongside the quiet shutdown of its iconic 44-year-old bookstore in Ho Chi Minh City.
S.Korean fund becomes major shareholder in leading Vietnamese stationery maker Thien Long
Economy 11:28 10/01/2025A member of the fund recently purchased an additional 200,000 shares in the pen maker