Friday, 04/05/2012 00:03

ASM: ASM signs an MOU with a foreign partner

Sao Mai Construction Corporation and Hao Vi Nguyen Group (China) signed a Memorandum of Understanding (MoU) when the BOD Chairman of Hao Vi Nguyen Group visited the Corporation

- Here are main contents of the MoU:

+ Hao Vi Nguyen Group will research and purchase ASM in order to become a strategic shareholder owning from 20 percent to 30 percent of Sao Mai Construction Corporation.

+ The two parties will establish a joint venture in China in 2012 to trade and distribute aquatic products and foodstuff. In which, Hao Vi Nguyen Group will invest 49% and Sao Mai Construction Corporation will invest 51%.

+ Building a cold storage in Lang Son border – Viet Nam to keep and distribute products to China market

hose

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