Mekong makes partial exit from Vietnam's Loc Troi
Mekong Capital has made a partial exit from Loc Troi Group – formerly known as An Giang Plant Protection – as the Vietnamese agribusiness player went public. The company is also backed by Standard Chartered Private Equity (SCPE) and PENM Partners.
Loc Troi debuted on the Unlisted Public Company Market exchange on July 24, closing at VND58,300, valuing the business at VND3.92 trillion ($172 million). As of mid-morning trading on July 26, the stock...
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