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TTC AgriS reduces ownership in Toan Hai Van and Growfin Investment
TTC AgriS (SBT) has announced a reduction in its ownership stakes in two companies within its ecosystem, resulting in Toan Hai Van Joint Stock Company and Growfin Investment Joint Stock Company no longer being classified as an associate or indirect subsidiary, respectively, as of September 9, 2026.
Toan Hai Van, which operates under the brand TTC Phu Quoc, is the developer of the Vinh Dam Complex in Phu Quoc. According to financial reports for the fourth quarter of the 2025–2026 fiscal year, TTC AgriS held a book value of over 2,562 billion VND in Toan Hai Van, representing approximately 90.3 million shares. While the interest rate was 30.87%, the voting rights stood at 39.88%.
Growfin Investment, a management consultancy based in Ho Chi Minh City, was previously an indirect subsidiary with a 77.38% voting rights stake held by SBT as of June 30, 2026. The specific divestment percentages for both entities have not been disclosed.
Entities
Dang Van Thanh · Growfin Investment Joint Stock Company · TTC AgriS · TTC Group · Toan Hai Van Joint Stock Company