Vietnamese dairy giant Vinamilk will shut down its representative office in Cambodia when its licence expires on March 5, it said in a disclosure document to the HSX late last week.
The office opened in 2014 after the company obtained an investment licence to build a $23 million manufacturing plant in Phnom Penh, part of a joint venture with Cambodia’s Angkor Dairy Products Co Ltd.
Vinamilk did not provide a reason for closing the office or indicate its plans for the dairy factory in the disclosure document.
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