EVIALIS sets to buy shares in Proconco Company

02:11, 07/11/2006

(ĐN)- “France’s EVIALIS group involves in the production of animal and aquatic feed with a capacity of 6 million tons a year, 10 times higher than that of Proconco Joint Venture Company. The Group has invested to build a plant in the North of Vietnam with a capacity of one tenth of that of Proconco Company. Now, the Group intends to purchase the whole of the share capital of French partner in Proconco Joint Venture Company in order to carry out the strategic plan and achieve the desired objectives and goals of expanding production capacity in Vietnam” said the Evialis Group General Director Pierre Lèfebre at the meeting with Vice Chairman of the Provincial People’s Committee Dinh Quoc Thai on the afternoon of November 6 in Dong Nai province.

(ĐN)- “France’s EVIALIS group involves in the production of animal and aquatic feed with a capacity of 6 million tons a year, 10 times higher than that of Proconco Joint Venture Company. The Group has invested to build a plant in the North of Vietnam with a capacity of one tenth of that of Proconco Company. Now, the Group intends to purchase the whole of the share capital of French partner in Proconco Joint Venture Company in order to carry out the strategic plan and achieve the desired objectives and goals of expanding production capacity in Vietnam” said the Evialis Group General Director Pierre Lèfebre at the meeting with Vice Chairman of the Provincial People’s Committee Dinh Quoc Thai on the afternoon of November 6 in Dong Nai province.

Representatives of the Saigon Securities Inc. (SSI) also said that SSI is willing to sell its shares in Proconco Company to Evialis Group.

Vice Chairman Dinh Quoc Thai stated that Evialis’s further investment is welcomed in Vietnam in general and Dong Nai in particular. Thai also said that consideration for the sale of the Share Capital of Proconco Company will be decided by Board of Directors in Proconco Company.

Reported by K.L