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Feed and livestock sectors see increase in foreign investment
7 days ago
 
In early August 2014, the Philippines' Pilmico International Pte Ltd signed the papers on the purchase of 70 per cent of the local firm Vinh Hoan 1 Feed JSC, under Vinh Hoan Corp, one of Vietnam's leading aquatic product exporters. The remaining 30 per cent is to be purchased by Pilmico over the next five years at an agreed price. The transaction value totalled $28 million.
In June, an agreement on the deal was inked, which was aimed at empowering Pilmico to expand its core feeds business into the Vietnamese market.
Earlier t.. Full Story »
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