Dragon Capital investment company plans through Chumak LLC (Kyiv) to acquire control over PrJSC Chumak (Kakhovka, Kherson region), which it owns since 2008 together with the Swedish investment company East Capital.

According to information posted on the website of the AMC, the committee could allow Dragon Capital to acquire a stake in the charter capital of the enterprise, which ensures the buyer with over 50% of the voting shares on the company's board.

Dragon Capital has not commented on the planned deal so far.

As reported, in March 2008 Dragon Capital and Swedish-based East Capital reported on the joint acquisition of 70% of Chumak shares from Hans Rausing. Formally, the owner of 100% of the company is Cypriot Chumak Holdings Limited.

In its report for 2013, East Capital announced the plan to seize investment from PrJSC Chumak and Cantik Enterprises Ltd development company (the British Virgin Islands), but in April 2014 East Capital decided to keep its stake in PrJSC Chumak and continue the development of this business.

PrJSC Chumak is one of the largest food producers in Ukraine and was founded in 1996.