AsemconnectVietnam - ASKA Pharmaceutical Group - a pharmaceutical giant in Japan has just announced that it has increased its ownership in Ha Tay Pharmaceutical Joint Stock Company (code DHT - HNX exchange) to 32.56% through a private placement.

Ha Tay Pharmaceutical recently announced that it has completed the private offering of 8.4 million shares, equivalent to 11.36% of the total outstanding shares to ASKA Pharmaceutical Co., Ltd, thereby increasing its charter capital to more than VND877 billion. With the offering price of 21,500 VND/share, it is estimated that the Japanese giant spent about VND180.6 billion for the above shares.
After purchasing all the shares from the offering, ASKA Pharmaceutical increased its ownership in Ha Tay Pharmaceutical from 18.41 million shares (ratio 24.9%) to 25.8 million shares (ratio 32.56%). Of these, 8.4 million individual shares will be restricted from transfer within 3 years.
As for the proceeds, Ha Tay Pharmaceutical will use more than VND78.3 billion for the Hataphar high-tech pharmaceutical factory project and VND102.2 billion to restructure bank loans to increase capital autonomy, reducing financial pressure for the Company.
ASKA Pharmaceutical is a pharmaceutical company established over 100 years ago with headquarters in Tokyo, Japan. The Group's main business lines are manufacturing, trading and importing and exporting pharmaceuticals, medicines, medical equipment...
Regarding the business situation of Ha Tay Pharmaceutical, in the first 9 months of 2023, the Company recorded net revenue of VND1,525 billion and profit after tax of VND72.1 billion, an increase of 17% and 15% respectively compared to the previous year. Profit after tax of the parent company reached VND69.5 billion.
In 2023, Ha Tay Pharmaceutical sets a business plan with a revenue target of VND1,600 billion and pre-tax profit of VND80 billion. With 9-month results reaching VND89.6 billion in profit before tax, the Company has exceeded the yearly profit target by 12%.
N.Nga
Source: VITIC/Tinnhanhchungkhoan