Leading seafood firm Minh Phu Corp plots return to stock exchangeLeading seafood firm Minh Phu Corporation is planning to return to the stock exchange following a lucrative year in business. An awaited returnThe upcoming annual general shareholders’ meeting of Minh Phu Corporation scheduled to take place on March 9 will cast vote on whether to list the corporation. Minh Phu, one of Vietnam’s top seafood firms, voluntarily left the Ho Chi Minh City Stock Exchange on March 31, 2015, stating that it needs time to restructure its business and find suitable foreign partners. At the time of leaving, Minh Phu’s stock stood at VND122,000 ($5.36), meaning the firm’s capitalisation was VND700 billion ($30.8 million). To prepare for the official comeback, Minh Phu has floated its shares on the Unlisted Public Company Market last October, quoting prices at VND79,000 ($3.47) apiece.


Source:   VietNamNet News
March 05, 2018 06:33 UTC