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Mitsui & Co Ltd to Participate in Vietnam Shrimp Processing Company

Sunday, 20 Oct 2013 08:00pm EDT 

Mitsui & Co Ltd announced that it has agreed with Minh Phu Seafood Joint Stock Company to participate in management of Minh Phu Hau Giang Limited Liability Company (MPHG), an affiliated company of MP who is a shrimp related business company in Vietnam and is engaged in shrimp processing and exporting under MP group, and has finalized the related contracts on October 19, 2013. Mitsui will take a third-party allocation of new shares of MPHG, finally acquiring a 31% ownership stake in MPHG.