11:39:50 AM | 25/12/2006
Investment Commercial Fisheries Joint Stock Company (Incomfish) listed its 11.8 million ICF-coded shares, valued in total at VND118 billion (US$7.4 million), on the Hanoi Securities Trading Centre (HaSTC) on December 18, 2006.
Set up in 1999, Incomfish’s main business scopes are aquaculture, processing and maintenance of aquatic products. Mr. Trinh Ba Hoang, General Director of Incomfish, said his company plans to raise its chartered capital to VND168 billion (US$10.5 million) and boost export activities in 2007. Incomfish expects to export 5,100 tonnes of aquatic products in 2007 and 6,300 tonnes in 2008.
To fulfil these targets, Incomfish will increase production capacity of its existing factories, which are now running at 50 per cent of their designed capacities, and build new catfish processing factories in Dong Thap Province with an investment of VND60 billion (US$3.75 million). Elsewhere, Incomfish also contributes its capital to joint ventures to build high-rise office buildings on an 800-square meter campus in Ho Chi Minh City, costing over VND200 billion (US$12.5 million).
L.A
Vietnamese
