Bien Hoa Sugar JSC has announced its 300 million shares traded on the HCM Stock Exchange will be delisted to complete the merger with Thanh Thanh Cong Tay Ninh Sugar JSC.
Thanh Thanh Cong Tay Ninh Sugar JSC (TTCS) will make a share swap to fully acquire Bien Hoa Sugar JSC in order to the biggest sugar producer in Viet Nam.
Bien Hoa Sugar JSC and Thanh Thanh Cong Tay Ninh Sugar JSC, two subsidiaries of the Thanh Thanh Cong Group (TTC Group), will take over the sugar business from Hoang Anh Gia Lai Agriculture International (HAGL Agrico) for VND1.33 trillion...