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Seafood firm prepares to delist shares

Oct 11th at 12:57
11-10-2012 12:57:50+07:00

Seafood firm prepares to delist shares

Godaco Seafood Co (AGD) shareholders have approved the company's plan to delist shares from the HCM City Stock Exchange. The company will buy back shares from small shareholders at VND50,000 per share prior to delisting. The company also plans to sell 6-9 million shares to strategic partners at prices of no less than VND55,000 per share. AGD closed yesterday's trading at VND48,300.

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