date:Oct 30, 2012
Minh Phu Seafood Corporation (MPC), Vietnams top shrimpexporter, has denied a rumor that Charoen Pokpand Foods PublicCo., Ltd. (CP Foods), Thailands largest agribusiness firm, wouldbuy a 40% stake equal to 28 million shares of MPC.
Reports had it that CP Foods planned to pay VND45,000 for eachMPC share, higher than the closing price of MPC at VND35,100 onOctober 25. But MPC spokesman Nguyen Xuan Toan insisted that theinformation was not correct. Currently, MPC is still offering 30million shares