“Green Energy Ring” SHINFOX Energy Invests in Vietnamese Renewable Energy Equity Again

【Times Report – Taipei】ShinFox Energy (6806), focusing on long-term investments, has received board approval today for its investment in the equity of Vietnamese renewable energy companies.

The board has approved an investment of $5.06 million USD in the equity of GIO Thanh Energy Joint Stock Company in Vietnam for long-term investment purposes. As of now, ShinFox Energy has accumulated a total of 1,225,000 shares in this transaction, representing a 35% ownership stake.

ShinFox Energy has also announced the board’s approval of an increase in its stake in the overseas investment company Shinfox Far East Company Pte Ltd. The total transaction amount is $21.6 million USD, also for long-term investment purposes. As of now, they hold a cumulative total of 53,600,000 shares in this transaction, representing a 67% ownership stake.

Today, the board also approved investments in the equity of Vietnamese renewable energy companies for long-term purposes. They approved an investment of $22.95 million USD in DIHC Company, accumulating a total of 14,645,245 shares in this transaction, representing a 35% ownership stake.

The board also approved an investment of $5.83 million USD in the equity of VRE Company. As of now, they hold a cumulative total of 12,250,000 shares in this transaction, also representing a 35% ownership stake.

Additionally, today’s board meeting approved an investment of $5.06 million USD in the equity of SECO Joint Stock Company. Up to this point, they have accumulated a total of 1,225,000 shares in this transaction, with a 35% ownership stake. (Editor: Shen Peihua)

Refer to the original post here

For additional details, refer to our SIA services | Link