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Minh Phu invests $2 million in hatchery subsidiary

The company will also increase the charter capital in its subsidiary Minh Phu Ninh Thuan Aquatic Larvae Co., Ltd. that produces shrimp seeds and is located in Ninh Phuoc district.

Minh Phu invests $2 million in hatchery subsidiary
Photo source: Minh Phu
November 19, 2020

Minh Phu Seafood Corporation will increase the charter capital in its subsidiary Minh Phu Ninh Thuan Aquatic Larvae Co., Ltd. from VND 88 billion ($3.8 million) to VND 138 billion ($6 million). The largest shrimp processor and exporter in Vietnam will also invest an additional VND 50 billion ($2.16 million) in its hatchery subsidiary.

Minh Phu Ninh Thuan Aquatic Larvae Co., Ltd. produces shrimp seeds and is located in Ninh Phuoc district, Ninh Thuan province. The company reported a production of 10 billion PLs per year in 2020 free of EMS, EHP and other diseases.

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