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Article: MEKONG CAPITAL INVESTS US$1.85 MLN IN SAIGON GAS.

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AsiaPulse News
Article date:
August 24, 2005
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HANOI, Aug 24 Asia Pulse - Mekong Capital, the manager of the Mekong Enterprise Fund, last Friday announced its new investment of US$1.85 million in the Saigon Gas Holdings Corporation.

The fund's investment takes the form of a convertible loan. This is the ninth Vietnamese company in which the fund has invested since it opened in 2002.

"Saigon Gas has an outstanding track record, having quickly become the largest private LPG (liquefied petroleum gas) distributor in Vietnam," said Chris Freund, Mekong Capital managing director. He showed confidence in the company's pro-active management team.

Saigon Gas provides bulk LPG to industrial customers, ...

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