Bien Hoa Consumer Joint Stock Company (BHC), a core subsidiary of TTC AgriS, has officially announced the successful completion of a strategic fundraising round from UOB Venture Management Pte Ltd (UOBVM) managed funds.

The duo said in a statement on last Wednesday that under the agreement, UOBVM managed funds will hold an approximately 12 percent stake, becoming a substantial shareholder.

This investment marks a pivotal step in BHC’s growth strategy as the company accelerates towards its planned initial public offering (IPO), while ramping up the distribution of clean and green products across domestic and international markets.

The investment from UOBVM managed funds not only reflects strong confidence in BHC’s long-term growth potential, but also affirms the value of the circular commercial value chain model operated by AgriS – which spans across raw material cultivation, production, export, trade, and consumption.

Leveraging this new capital from UOBVM managed funds, BHC plans to invest in building a state-of-the-art food and beverage manufacturing facility to enhance production capacity, continually meet international standards and expand its portfolio, particularly in the segment of naturally sourced nutritional products.

As a key pillar of AgriS, following the group’s transition to a circular commercial value chain model, BHC now serves as the Commercial Center of the ecosystem.

“This is not merely a capital raise – we are shaping a long-term journey to bring Vietnamese agricultural products and food into the global value chain,

“The partnership with UOBVM is a clear testament to our commitment to an integrated strategy that unites finance, technology, commerce, and agriculture – a vision that AgriS remains steadfast in pursuing,” said Dang Huynh Uc My, Chairlady of AgriS.

BHC operates a robust multi-channel distribution network (B2B2C2E), with nearly 2,000 business clients, more than 100,000 points of sale and e-commerce platforms.

BHC’s products have reached 69 countries, catering to global brands such as Coca- Cola, Pepsi, Nestlé, Masan, Vinamilk, and more.

Beyond its core sugar product lines, BHC has successfully expanded into high-value, health-oriented categories.

The company’s diversified product portfolio includes organic offerings, nutritious beverages, cooking spices, and specialised products for homemakers and children -represented by well-known brands such as Bien Hoa sugar, Cocoxim coconut water, and Xim – Mom Cooks coconut cream.

With an impressive growth rate (a 4-year revenue compound annual growth rate [CAGR] of 13.6 percent and gross profit CAGR of nearly 25 percent), alongside a portfolio of natural products aligned with global consumption trends, BHC is expected to become a rising star in Vietnam’s F&B industry and aims for a successful IPO in the near future.

According to the Executive Board, AgriS will continue to accelerate its new business model, expand international sourcing areas, and launch new nutritional product lines.

The company places strong emphasis on applying technology throughout its production and supply chain to enhance operational efficiency and optimise product quality.

In terms of organizational structure, AgriS will broaden collaboration opportunities for strategic partners to participate in its ecosystem, attract additional capital from both domestic and international investors, and strengthen resources for its long-term global growth strategy.

UOB Venture Management’s chief executive officer Seah Kian Wee that BHC’s capabilities in developing clean, green, and natural product lines align with fast-emerging consumer trends across the ASEAN region, with over 600 million people.

“We have strong confidence in the long-term growth potential of Vietnam’s consumer and food and beverage sectors. AgriS and BHC have demonstrated outstanding capabilities in building an integrated agricultural value chain, advancing sustainable product innovation, and expanding regional market access,

“Their model aligns perfectly with UOB’s philosophy of long-term investment and sustainable development. We look forward to working alongside AgriS not only as a capital partner but also by supporting the implementation of supply chain finance solutions, expanding distribution networks, and preparing for strategic milestones such as a future IPO,” he added.

UOBVM’s position as a major shareholder in BHC underscores the strategic alignment between the two parties, combining UOBVM’s strong financial capacity and global network with BHC’s solid internal foundation and deep understanding of Vietnam’s and the region’s consumer markets.

The partnership will focus on deploying supply chain finance solutions across the entire agricultural value chain, aiming to optimize financial resources and drive long-term, sustainable growth across BHC’s operations – from production to distribution.

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