Standard Chartered Private Equity and VinaCapital have finalized an agreement whereby SCPE obtains VinaCapital's 23.6% stake in An Giang Plant Protection for $63.1 million. The deal represents a 22% premium over the company's net asset value as of May 31, 2014. An Giang manufactures and distributes pesticides in Vietnam, utilizing a network of 500 wholesalers and 4,500 retail outlets to distribute its 23 SKUs. In 1H 2014, the company recorded around $200 million in revenue, with net income of $12 million. Mekong Capital had previously backed An Giang.