Thành Thành Công Tây Ninh Joint Stock Company (TTCS) will fully acquire Biên Hòa Sugar Joint Stock Company (JSC), becoming in the process the biggest sugar producer in Việt Nam. — Photo nhadautu.vnThành Thành Công Tây Ninh Joint Stock Company (TTCS) will fully acquire Biên Hòa Sugar Joint Stock Company (JSC), becoming in the process the biggest sugar producer in Việt Nam. After the merger is completed, the chartered capital of TTCS will increase by VNĐ3.04 trillion ($133.75 million) to VNĐ5.57 trillion ($245.07 million). PAN Farm owns a 75 per cent stake in the Việt Nam National Seed Joint Stock Company (Vinaseed) and a 63.8 per cent stake in PAN Saladbowl. This year the Government plans to equitise the Việt Nam Rubber Group, Southern Food Corporation, Vegetables, Fruits and Agro-Products Corporation, Việt Nam Tea Corporation, and Việt Nam Coffee Corporation.

Source: Viet Nam News August 21, 2017 03:22 UTC