Wednesday, 10/08/2011 18:22

MPC: Minh Phu – Hau Giang raises capital

Minh Phu Seafood Group Corporation (HOSE: MPC) announced the capital increase from VND500 billion to VND600 billion of Minh Phu – Hau Giang Seafood Processing Co., Ltd. (Minh Phu – Hau Giang):

• Minh Phu – Hau Giang is a subsidiary of Minh Phu in Hau Giang Province. Minh Phu owned 97% of charter capital in this company. Minh Phu – Hau Giang is a company of Minh Phu, managing a shrimp factory with a capacity of 40,000 tons of products a year

• The capital increase also changes the ownership of Minh Phu in Minh Phu – Hau Giang as follows:

- Old charter capital in Minh Phu – Hau Giang: VND500 billions, Minh Phu owned 97%

- New charter capital in Minh Phu – Hau Giang: VND600 billions, Minh Phu owns 97.5%.

HOSE

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