SSI purchasing Hung Vuong Corp’s shares

News 14:12 13/09/2014
Saigon Securities Incorporation (SSI) has become the biggest stakeholder of Hung Vuong Corp (HOSE code - HVG) by possessing an amount of shares equal to 20 percent of the company’s charter capital. Hung Vuong Corp also becomes SSI associated company, according to Duong Ngoc Minh, Chairman of Hung Vuong Corp.

Currently, Duong Ngoc Minh hold 22.5 million shares, equal to 35 percent, followed by SSI and its affiliate company - SSI Asset Management (SSIAM) with 20 percent. Others shares belong to local and foreign organizations and individuals.
 
Pangasius  was  key  exported  products  of  Hung  Vuong  Corp.  In  first  ten months  of  2011,  the  company  has  reached  US$106.63  million  of  export revenue. Its fish and shrimp farming areas have increased to 1,700 hectares. In
2012, Hung Vuong Corp plans to provide the local market more than 1 billion post shrimp from its plant in Ninh Thuan province.

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