Thailand’s SiS Plans to Acquire 80% Stake in Vietnamese Technology Company Through Capital Injection

Thailand’s SiS Distribution (Thailand) announced on November 4 that it plans to inject VND 20.6 billion (about US$800,000) into Vietnamese company SIS Technologies Vietnam. Once completed, the latter’s registered capital will rise from VND 5.2 billion to VND 25.8 billion. The Thai company will provide all the new capital, representing 80% of the registered capital after the increase. The transaction is expected to be completed by the end of 2026, subject to legal procedures.

SiS Distribution (Thailand) plans to acquire an 80% stake in SIS Technologies Vietnam through a capital injection.（VietVance）

Before the transaction, SIS Technologies Vietnam was owned by two individuals, Trần Hoài Phương Chi and Nguyễn Ngọc Bảo Dung. Under the announced plan, Trần Hoài Phương Chi’s stake will fall from 90% to 20%, while Nguyễn Ngọc Bảo Dung will exit. The Vietnamese company will then become a subsidiary of SiS Distribution (Thailand).

After the transaction, the Thai company plans to appoint three board members, while Trần Hoài Phương Chi will retain one seat. SiS Distribution (Thailand) is a subsidiary of Hong Kong-listed SiS International Holdings. The latter recorded revenue of about HK$9.63 billion in the 12 months to January 2026, up 6.9% year on year.

SIS Technologies Vietnam announced on November 5 that it had become a Tier-2 distributor in Microsoft’s Cloud Solution Provider program in Vietnam. Its product range includes Windows, Microsoft 365, Azure, Dynamics 365, Teams, GitHub and Copilot, among others. Jardine Matheson acquired SiS International Holdings’ IT distribution businesses in Hong Kong, Singapore and Malaysia in 2011; it also holds stakes in Vietnamese companies REE and THACO through Jardine Cycle & Carriage.

Source: VietVance