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VietNamNews

PAN to raise funds via share sale

Update: September, 20/2014 - 12:13

HCM CITY (VNS) — Retailer Pan Pacific (PAN) expects to raise VND752.5 billion (US$35.3 million) from strategic shareholders to finance investment projects and the acquisition of other companies in the sector.

Exactly 25 million shares will be issued for a maximum of 100 investors at VND30,000 per share. PAN concluded trading yesterday at VND46,000, representing a 1.1-per cent slide. — VNS



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