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Mekong Enterprise Fund invests US$1.85 million in Ngo Han.
(From The Saigon Times Daily)
Byline: DUC LUAN
(SGT-HCMC) The Mekong Enterprise Fund has invested US$1.85 million in Ngo Han Magnet Wire Joint Stock Co. through a primary share purchase, sending Ngo Han's registered capital to VND63.2 billion (US$4 million).
The fund's investment allows Ngo Han to install new equipment to expand magnet wire production, said Chris Freund, managing director of Mekong Capital, which is managing the US$18.5 million Mekong Enterprise Fund.
Ngo Han sales director Ngo Thi Thong said, "We've been working closely with the fund to better our management systems, including supply chain management, accounting systems …
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