Project Description
Established in 1993, Pan Pacific Corporation (“PAN” or “the Company”) is now a publicly listed group of agribusiness companies aiming to benefit from the fast growing and fragmented agricultural and food sectors in Vietnam. PAN currently controls the leading distributor and producer of crop seeds named National Seed Corporation (“NSC), an integrated pangasius and clam processor in the Mekong Delta named Ben Tre Aquaproduct Import and Export JSC (“ABT”), and has a minority interest in an important cashew processor named Long An Food Processing Export JSC (“LAF”) in addition to its legacy industrial cleaning service business under the name of Pan Services.
The purpose of the Project is to support the Company’s expansion plan in the agricultural and food sectors as well as its entrance into the branded packaged rice products for domestic consumers.