About PAN

Pan Pacific Corporation (PAN) successfully raised USD 35 million

On 22/1/2015, Pan Pacific Corporation (HOSE: PAN) successfully raised USD 35 million by private placement of 21.5 million shares at VND 35,000 per share.

This is the third round of fundraising of PAN within the last two years with the objective to improve the company’s financial capability and to implement its investment strategy to create a full value chain in the agriculture and food processing industry. After this share issuance, PAN has increased its charter capital from VND 617 billion to VND 832 billion.

Noticeably, this round of fundraising has witnessed the participation of reputed foreign institutional investors such as International Finance Corporation (IFC) – a member of The World Bank Group, The Government of Singapore Investment Corporation (GIC), The Asian Entrepreneur Legacy (TAEL) Partners and Mutual Fund Elite (PYN). Local investors include Saigon Securities Inc. (SSI), NDH Invest Co., Ltd (NDH Invest) and CSC Vietnam JSC (CSC). IFC has purchased approximately 5% of the share capital and became a strategic investor of PAN. GIC, the Singaporean government sovereign fund managing over USD 100 billion worth in assets, is increasing its current ownership from 4.71% to 5%. TAEL Partners, Mutual Fund Elite (PYN) are purchasing additional shares to maintain 20% and nearly 10% ownership interests.

In completing its third round of funding with world class investors, entering its third round of M&A and with the recent establishment of PAN Food as a significant company in Vietnam’s consumer sector, PAN proceeds according to its vision of building a leading regional agriculture and FMCG food company.

General information about Pan Pacific Corp.

Pan Pacific Corp. (HOSE : PAN) – established in 1993 with the current market capitalization of  VND 2,500 billion (before the issuance of USD 35 million) – is a company whose core businesses are in the agriculture, fisheries, food and services sectors.

With the vision to become a leading MNC-quality agriculture and food company, PAN’s approach is to merge and acquire excellent companies within its core sectors in Vietnam. Currently, PAN has two subsidiaries including Viet Nam National Seed Corporation (NSC) and Bentre Aquaproduct Import and Export JSC (ABT), and has one affiliate – Long An Food Processing Export JSC (LAF), among the most successful companies in the agriculture sector in Vietnam.

The official website of PAN Pacific Holding: www.panpacific.vn

For further information please contact:

PR Department


Address:  236/43/2 Dien Bien Phu 17 Ward, Binh Thanh District, Ho Chi Minh City 

Tel:  0934412468

(Mr. Nguyễn Việt Hùng)

Email:   pr@panpacific.vn

  Media Relations Representative

  NDH Consulting Co., Ltd

  Le Tuong Van (Ms.) – Managing Director

  Email:    vanlt@NDHinvest.com

  Cellphone:  (+84) 906 117 899

  Address:   1C Ngô Quyền, Ha Noi

  Phone:   (+84 4) 3 9366 312 ext: 468  

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