Vietnamese agriculture and food company PAN Group JSC (PAN) has announced plans to contribute VND100 billion (US$4.3 million) to Khang An Food Joint Stock Company to increase its ownership to 28.57 per cent of charter capital in this company.
Fimex will contribute VND180 billion in assets and cash to this subsidiary, accounting for 77.1 per cent of the charter capital while other individuals contribute VND53.6 billion in cash, accounting for 22.9 per cent.