Welcome to FIS   Sponsored By
United States
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


Singapore Stock Exchange. (Photo: Terence Ong/FIS)

Stock Exchange grills China Fishery over higher share prices

Click on the flag for more information about Singapore SINGAPORE
Wednesday, January 30, 2013, 02:20 (GMT + 9)

The Board of Directors of China Fishery Group Limited answered questions from the Singapore Stock Exchange (SGX-ST) this week referring to the considerable increase in the price of shares that China Fishery traded on 28 January 2013. The firm elaborated on its relationship with Russian Sea Catching LLC (RSC) and their possible future cooperation.

The Stock Exchange asked China Fishery about whether it knew of any information concerning it, its subsidiaries or associated companies that had not been previously announced, and which might explain the trading. China Fishery assured that it is not aware of any such information.

As far as whether it knows of any other possible explanation for the trading, China Fishery explained that it held its annual general meeting (AGM) on 28 January 2013, at which point the Chairman of the meeting, Ng Joo Siang, spoke of two matters which may not have been announced to the market through SGXNET. 

One matter was that China Fishery, together with Pacific Andes Resources Development Limited and Pacific Andes International Holdings Limited, announced in early December that China Fishery was holding talks with Russian Federation-based Russian Sea Catching LLC (RSC) to explore opportunities for possible future cooperation between the two firms. At the AGM, it was unveiled that China Fishery will probably not invest in more than a minority stake and may consider investing if, among other factors, the future cooperation would enlarge the benefits that China Fishery already enjoys in Russia; it was also disclosed that negotiations are still ongoing and an announcement will be made if the two parties reach an agreement.  

The other matter was that one of Russia's pollock fisheries has reached its 15-day public consultation stage and, if there are no objections, the fishery will receive Marine Stewardship Council (MSC) certification.

Related articles:

- Pacific Andes denies Russian media allegations
- Govt forces Pacific Andes to sell Russian 

By Natalia Real
editorial@fis.com
www.fis.com


 Print


Click to know how to advertise in FIS
MORE NEWS
Thailand
Apr 29, 03:30 (GMT + 9):
Thai Union eliminates recruitment fees to combat labour abuse
Chile
Apr 29, 03:30 (GMT + 9):
Foreign entrepreneurs report Chilean exporter’s scams
United Kingdom
Apr 29, 02:20 (GMT + 9):
Seafood exports to EU generate millions to the UK economy
European Union
Apr 29, 01:30 (GMT + 9):
EU and Canada strengthen cooperation against illegal fishing
Russian Federation
Apr 29, 01:10 (GMT + 9):
Pacific cod and halibut fisheries seek MSC certification
Sri Lanka
Apr 29, 00:10 (GMT + 9):
IN BRIEF - Norwegian Govt opens market for Sri Lankan fish exports
Belgium
Apr 29, 00:00 (GMT + 9):
IN BRIEF - WWF welcomes EU campaign to tackle crisis of Mediterranean fish stocks, calls for urgent and collective action
New Zealand
Apr 29, 00:00 (GMT + 9):
IN BRIEF - Marlborough District Council risks aquaculture battle over environment plan
Iceland
Apr 29, 00:00 (GMT + 9):
IN BRIEF - Greenest Fishing Trawlers in the World
United States
Apr 29, 00:00 (GMT + 9):
IN BRIEF - Officials expect more king salmon in 2016
United States
Apr 29, 00:00 (GMT + 9):
IN BRIEF - Scientists: Warm water blob may impact salmon forecasts
United States
Apr 29, 00:00 (GMT + 9):
IN BRIEF - Marine Products Corporation Reports First Quarter 2016 Financial Results
United States
Apr 29, 00:00 (GMT + 9):
IN BRIEF - EU issues alert on unsafe Vietnamese seafood exports
Spain
Apr 28, 23:50 (GMT + 9):
Natural edible coatings extends fish shelflife
Viet Nam
Apr 28, 23:30 (GMT + 9):
Massive fish deaths spark suspicions over the real cause



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Indonesia detains Chinese fishing boat fleeing from Argentina
Argentina After almost two months of efforts coordinated by Interpol and the cooperation of seven countries on four continents, the Indonesian Armed Forces arrested one of the most wanted pirate ships in the world.
Global unions urge EU to defend fishing workers' labour rights
European Union Several global unions will request the EU to take action to ensure respect for labour rights by companies whose products are imported into the European market.
Better sockeye salmon season forecast in Alaska
United States The Alaska Department of Fish and Game forecast a total run of Copper River natural and enhanced sockeye salmon of 2.56 million and a total run estimate of 64,000 chinook salmon for the 2016 mid-May season.
Marine Harvest and research institutions aim to boost aquaculture
United Kingdom Marine Harvest Scotland is teaming up with one of the country’s leading marine science research institutions to help Scottish aquaculture thrive in a competitive global industry.
 
Maruha Nichiro Corporation
Nichirei Corporation -Headquarter-
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Nueva Pescanova, S.L. - Group Headquarters
Sea Harvest Corporation (PTY) Ltd.
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods Inc. -Headquarter-
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
Food Project (Siam) Co., Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation -Headquarter-
Marona S.A.
Marine Harvest ASA - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. -Headquarter-
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  -Holding Headquarter-
Greenpeace International - The Netherlands
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
Ocean Trawlers Group - Ocean Trawlers HK Ltd.
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation -Headquarter-
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2016 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER