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Coffee King to Manage Trung Nguyen Empire After Divorce, Court Says


Vietnam’s Coffee King will manage the Trung Nguyen Group and own 60 percent of shared assets, the court has ruled.

In its divorce settlement ruling, the Ho Chi Minh City People’s Court said Wednesday that the stocks and cash of the Trung Nguyen Coffee group shared by Dang Le Nguyen Vu and Le Hoang Diep Thao will be split 60:40 in Vu’s favor.

Their properties, including land and buildings, will be split equally, the court ruled.

The value of the couple’s combined stake in the group is estimated at over VND5.7 trillion ($245.14 million)

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