DLG has been selected to be a strategic investor for Bau Can Tea company which has more than 90 years of history.

Hearing from Gia Lai Provincial People's Committee, it is said that under Decree 118 / 2014ND-CP of the Government, agriculture and forestry companies must be rearranged and changed from 100% government owned to joint stock companies. There are three companies, Bau Can tea limited company; Bien Ho Tea limited Company and Gia Lai coffee limited company have to transfer to be joint stock companies.

On the basis of considering the financial capacity, management capacity, Duc Long Group has meet prescribed criteria and were selected as a strategic investor for 2 Companies which are Bau Can tea and Gia Lai coffee. For Bien Ho Tea limited Company, now Duc Long Group and Bossco JSC are selected and will joined a public auction to be the final strategic investor.

Duc Long Gia Lai Group published this content on 13 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 October 2016 02:18:06 UTC.

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