Khang An Food Joint Stock Company announced that it has received VND 116 billion in funding from The PAN Group Joint Stock Company and other investors

Khang An Foods Joint Stock Company announced a private placement of common shares for gross proceeds of VND 116,000,000,000 on April 28, 2021. The transaction included participation from new investor The PAN Group Joint Stock Company (HNX:PAN) for VND 100,400,000,000 for 28.75% stake in the company. Post completion of the transaction, the capital of the company will increase from VND 234,000,000,000 to VND 350,000,000,000. The transaction has been approved by the board of directors of The PAN Group Joint Stock Company (HNX:PAN).