Vietnamese agriculture and food company PAN Group Joint Stock Company (PAN) has just offered to buy more than 7.7 million shares of Bibica Corporation, one of the leading confectionery businesses in Viet Nam.
Confectioner Bibica Corporation (BBC) announced revenues of VND1.17
trillion (US$52.2 million), and pre-tax profits of VND107 billion ($4.7
million) in 2015, which was 40 per cent higher than the previous year.
The Pan Food Joint Stock Company, a subsidiary of the Pan Pacific
Corporation has officially made a bid for more than 4.6 million shares
of confectionery maker Bibica.
Saigon Securities Inc (SSI) has reported that its SSI Asset Management
Ltd Co (SSIAM) has completed sale of over 3 million shares in
confectionery firm Bibica Corp (BBC), accounting for nearly 20 per cent
of BBC''s charter capital.
Confectioner Bibica Corporation (BBC) has announced first half pre-tax
profits of nearly VND24 billion (US$1.1 million), four times the VND6
billion ($284,000) it earned during the same period last year.
South Korean firm Lotte announced that it would purchase an additional
686,000 shares in confectionery company Bibica (BBC) from October 18 -
23, increasing its stake to 43.1 per cent.