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Pangasius

Hung Vuong buys back $13m in shares ahead of transfer to ‘third party’

The Vietnamese pangasius player has spent $13.3m on buying back shares in an aquaculture subsidiary, with reports of an agreement with an automotive firm doing the rounds

By Neil Ramsden | Jan. 7, 2020 10:12 GMT
Pangasius. Credit: Hung Vuong Corporation
Pangasius. Credit: Hung Vuong Corporation
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Vietnamese pangasius player Hung Vuong Joint Stock Corporation has bought back $13.4 million worth of its shares from two individuals, as reports of a possible financial rescue deal circulate. [...]

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