BOD of BIBICA Corporation issued a resolution of merging BBCMT & PANFM as follows:
- Merged unit: PAN Food Manufacturing JSC. (PANFM)
- Receiver: West Bibica One Member Co. Ltd. (BBCMT)
- PANFM will transfer all assets, rights, obligations and benefits to BBCMT. PANFM will be terminated fully its operation and BBCMT will inherit all assets, rights, obligations and benefits of PANFM.
- BBCMT’s capital will increase from 200 bil. dongs to 500 bil. dongs after the merger.