Incomfish stops issuing shares

Wednesday, May 14, 2008
Incomfish announced it would temporarily stop issuing 23.99 million shares, and authorised the management board to choose a financial organisation to acquire loans.
At a meeting, shareholders agreed to stop three projects because of difficulties mobilising capital and the projects’ ineffective operation, according to Trinh Ba Hoang general director of Incomfish.
The company will continue investments into other projects, including Tan Thanh Industrial Zone, a three-star hotel and trading centre in Thu Duc, HCM City and a frozen seafood factory in Dong Thap Province.