Updated  
May, 21 2012 09:55:45

Coffee processor prepares to issue shares

HA NOI — Coffee processor Thai Hoa Group (THV) plans to offer nearly 42.25 million shares to strategic partners at VND6,000 per share. The funds raised will be allocated to the company's working capital. THV will also increase its charter capital to VND1 trillion (US$47.6 million) this year and projects earnings this year of VND1.5 trillion ($71.4 million) and a profit of about VND25 billion ($1.2 million).-VNS

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