VinEco acquires Hung Vuong’s feed arm
Wednesday, March 14,2018AsemconnectVietnam - VinEco holds 24 per cent stake of Viet Thang Feed JSC (VTF) and expects to raise it to 60 per cent without a public offering.
The shareholders of Viet Thang Feed JSC have just approved VinEco Agricultural Investment, Development and Productions LLC. to increase its holdings without a public offering. VinEco currently holds 25 million shares, equivalent to 24 per cent of VTF’s charter capital. They will purchase an additional 37.6 million shares to raise ownership in VTF to the maximum of 60 per cent.
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