Gates Foundation Trust increases stake in Vietnam's Bluemarq Group

The Gates Foundation Trust, an investment trust linked to Bill Gates, has increased its holdings in Bluemarq Group (formerly Dat Xanh Group) by 200,000 shares since mid-July. In a recent transaction on November 4, the trust purchased an additional 50,000 shares of DXG, bringing its total ownership to 967,421 shares, or approximately 0.0763% of the company's charter capital.

This move follows a period of divestment from various Vietnamese enterprises. In July, the trust sold 100,000 DXG shares and liquidated its entire position in Phu Nhuan Jewelry Joint Stock Company (PNJ).

On November 4, a group of foreign investors including the Gates Foundation Trust and funds associated with Dragon Capital purchased a total of 5 million DXG shares. This collective action raised the group's ownership from 4.8145% to 5.2088%, reinstating them as major shareholders. Other notable participants in the recent buying spree included Vietnam Enterprise Investments Limited, Hanoi Investments Holdings Limited, Norges Bank, and Samsung Vietnam Securities Master Investment Trust.