HCMC – A subsidiary of China’s Livzon Pharmaceutical Group has acquired a 67.87% stake in Imexpharm Corporation (HOSE: IMP) in a deal valued at more than VND6 trillion, becoming the Vietnamese drugmaker’s parent company.
Lian SGP Holding Pte. Ltd. announced it had purchased more than 104.54 million IMP shares through a public offering launched in January.
The company had initially registered to buy more than 120 million shares, equivalent to 77.94% of Imexpharm’s charter capital, at VND57,400 per share.
Plans for the acquisition were first disclosed in May 2025 through a share purchase agreement. Based on Imexpharm’s shareholder structure, Lian SGP planned to acquire shares from major shareholders SK Investment, Binh Minh Kim Investment JSC, and KBA Investment JSC, reported local media.
Livzon Pharmaceutical Group operates in pharmaceutical research, manufacturing, and development, producing Western and traditional medicines, and pharmaceutical ingredients.
Imexpharm is among Vietnam’s leading domestic pharmaceutical manufacturers and operates 12 EU-GMP production lines across three factory complexes, the largest number among local drugmakers.
The company looks to obtain revenue of VND3.2 trillion and pre-tax profit of VND502 billion in 2026, up 12.5% from 2025. It also plans a dividend payment ratio of 5-8%.
In the first quarter of 2026, Imexpharm posted after-tax profit of more than VND82 billion, up 10.1% from a year earlier, despite revenue falling more than 8% to over VND546 billion.
Closing the trading session today, May 13, IMP advanced 1.81% to VND47,700, with a trading volume of 71,900 shares.
Vietnam’s benchmark VN-Index fell 0.14% to 1,898.37 points at the close on Wednesday as losses in banking shares outweighed gains in oil and gas stocks. The index lost 2.73 points, with 144 stocks advancing and 168 declining on the Hochiminh Stock Exchange.
Trading volume reached 972.8 million shares worth VND29.7 trillion, up 33% in volume and 40% in value from the previous session. Block deals accounted for 176.6 million shares valued at VND4.82 trillion.
Oil and gas shares posted strong gains during the session. GAS closed at the daily ceiling price of VND81,800, with 6.4 million shares traded.
PLX rose 6.75% to VND40,350, while BSR gained 3.78% to VND30,200. PVD climbed 6.44% and PVT added 4.42%.
Bank stocks came under pressure in the afternoon session, putting most lenders in negative territory.
BID was among the few gainers, rising 2.51% to VND42,800. CTG and VCB edged up 0.85% and 0.33%, respectively. MSB, HDB and SSB also closed higher.
STB posted the sharpest decline among bank shares, falling 4.3% to VND73,500. EIB lost 2%, while OCB and TPB dropped more than 1%.
Securities stocks were mixed. HCM gained 2.89%, CTS rose 1.46% and VCI added 0.75%. VPX and VIX each fell more than 1%.
VIX was the market’s most actively traded stock with more than 67.8 million shares changing hands. SHB followed with 39.8 million shares traded.
On the Hanoi Stock Exchange, the HNX-Index rose 0.53% to 254.62 points, marking its third consecutive gain. The northern bourse recorded trading volume of 81.8 million shares worth VND1.49 trillion.
