MINT Advances the Business in Vietnam, Investing 34.2M. in JV to Expand The Coffee Club
MINT has announced that the company has expanded the business in Vietnam for The Coffee Club with an investment of 34.2 million in a joint venture.
Minor International Public Company Limited (MINT) has informed that MFG International Holding (Singapore) Pte. Ltd., a subsidiary of MINT, has set up a joint venture company with QSR Investment Joint Stock Company to establish TCC Holding Joint Stock Company.
In this joint venture, each party hold 50% stake in the newly established company which has a registered capital of VND 25,000 million (THB 34.2 million) divided into 2,500,000 shares, VND 10,000 each.
The investment in this joint venture is to expand The Coffee Club in Vietnam which is also an expansion of Minor Food.