Citigroup acquires bigger stake in Hau Giang Pharmaceuticals

Citigroup has completed its acquisition of 24,330 additional shares in Hau Giang Pharmaceuticals (DHG). Citigroup now holds 713,263 shares, or about 7.13 percent of DHG.

The drug company expects 2007 revenue to be 1.1 trillion VND, up 26.7 percent year-on-year. DHG on October 23 closed at 449,000 VND, down 1.32 percent.

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