Vinamilk invests $263m in three plants

Viet Nam Dairy Products Joint Stock Company (Vinamilk) will invest US$263 million to build three milk production plants in the southern province of Binh Duong and the central city of Da Nang.

Two plans in Binh Duong will produce 800 million litres of liquid milk and 52,000 tonnes of powered milk per year. The plant in Da Nang will produce fresh milk and yoghurt. These plants are expected to be operational by 2012.

vietnamnews

>   SC5: Information on My Duc project (24/09/2010)

>   DTA: Change in investment plan (23/09/2010)

>   PRUBF1: NAV from 09 Sep 2010 to 16 Sep 2010 (23/09/2010)

>   DHC: Business result in August 2010 (23/09/2010)

>   TNA: Business result in August 2010 (23/09/2010)

>   SHI: Resolution of the 2010 extraordinary shareholders’ meeting (01/09/2011)

>   IFS: Adjourning a hearing with ANZ (23/09/2010)

>   FBT: Extension time of submitting audited FS H1/2010 (23/09/2010)

>   DXV: Extension time of submitting audited FS H1/2010 (23/09/2010)

>   CYC: Extension time of submitting audited FS H1/2010 (23/09/2010)