Shares sold to Thai company
13 November 2001
The Vietnamese government has authorised the Saigon Leather Footwear Company (Sadoga) in Ho Chi Minh City to sell 20% of their shares to Hatchi in Thailand, according to the Vietnam News Agency. This is understood to be the first sale by the company of shares to a foreign enterprise. Sadoga have a capital of 13 billion dong (US$1 = 12,000 dong), of which the state owns 15%.
