(vasep.com.vn) In the first four months of 2013, Minh Phu Seafood Corporation exported 7,906 MT of seafood products to earning US$93.718 million. The figures were down 9.83 percent in volume and 12.54 percent in value over the same period of 2012.
Minh Phu Seafood Corp (HOSE code: MPC) has published the resolution of its 2013 Annual General Meeting of Shareholders. Accordingly, the company will remove the list of shares on Ho Chi Minh City Stock Exchange (HOSE) and sell 30 million of shares at the price of at least VND40,000 per share.
One third of these earnings is planned to be injected into developing shrimp farming areas. The remainder will be put in Minh Phu’s charter capital.
Minh Phu Seafood Corp will also further mobilize new local or foreign shareholders in order to raise the charter capital of its Minh Phu – Hau Giang affiliate company to VND1,000 billion.
In addition, it expects to cooperate with Ho Chi Minh Agriculture and Forestry University or international organizations to establish the Institute on Shrimp Research with an initial capital of US$1 million, which will be funded by the Development Research Fund.
In 2013, Minh Phu Seafood Corp targets to reach VND9,800 billion of turnover and VND295 billion of post-tax profit.
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