PAN Group to raise stake in Khang An Food

04/05/2021 09:41 12

PAN Group to raise stake in Khang An Food

HÀ NỘI — Vietnamese agriculture and food company PAN Group JSC (PAN) has announced plans to contribute VNĐ100 billion (US$4.3 million) to Khang An Food Joint Stock Company to increase its ownership to 28.57 per cent of charter capital in this company.

Khang An Food currently has a charter capital of VNĐ234 billion and expects to increase the figure to VNĐ350 billion, with an aim of investing in a processing factory for shrimp and a shrimp farming area, in 2021.

Khang An Food also operates in processing and preserving seafood, buying and selling food, preliminary processed agricultural products, production and export of agricultural products. VNS

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