Server upgraded, no service in 3 hours

On April 17, 2014 the site's server was upgraded by the hosting company, so Sea Minh Hai's website is out of service from 1 PM to about 4 PM.

The site has been online as usual since about 4 PM yesterday.

It's is normal for the internet hosting company or site administrators to do the upgrade when it's necessary: when the server's need new OS version, when the CMS needs new update patches, or even a module needs a prompt update to solve a serious vulnerability found.

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2014 Shareholders Meeting Resolution

As planned, the Annual General Shareholder Meeting was held in the Ho Nam Tourist Area (Bac Lieu City) on the morning of April 5th, 2014. The meeting completed in the same moring.

At the meeting, guests, shareholders have been heard the various reports from the Board of Management, Board of Company Director, Board of Controllers, discussed and voted for the last year business result and targets for 2014.

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Documents & Reports for 2014 Shareholders' Meeting

Further to the 2014 Annual Shareholder Meeting announcement, we hereby post the official related documents and reports to be presented at the meetting as follows.

1. Report of the Board of Management

2. Report of the company's business results for 2013 and planned targets for 2014

3. Financial Report

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2014 General Shareholder Meeting

Sea Minh Hai's 2014 General Shareholder Meeting will be held on April 5th, 2014 (7:45 AM to noon) in the Meeting Room of Ho Nam Tourist Center, No. 2, Tran Quang Dieu St., Ward 1, Bac Lieu City ("Dia Oc" Area). 

On March 17, 2014 invitations have been sent to all of its shareholders to attend the annual meeting. All documents including invitation, letter of attorney to attend the meeting, the meeting agenda... can be seen and downloaded at this link.

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2013 dividend distribution

Sea Minh Hai today has announced its dividend distribution for 2013 to all its shareholders.

A dividend of 10%  of the share face value will be paid in cash or bank transferring to its shareowner based on the shares owned to March 18, 2014.

The owners can either get dividend in cash directly at company address (Km 2231, Lang Tram, Tan Phong, Gia Rai County,  Bac Lieu Province), or by bank transferring / post service by filling the appropriate request form and send it to the company Accounting Department by fax (781-3846706) or by post service. 

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Marubeni acquired the US shrimp distributor Eastern Fish

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The Japanese conglomerate and multinational Marubeni (est. 1858, 2013 sales: USD 51 billion) has announced that they agrreed to buy the US shrimp importer and distributor Eastern Fish at USD 56.7 mil. 

The acquisition will help it to expand more their shrimp business in both Japan and the US. 

It is known that seafood sales of Marubeni is USD 230 million per year with a quantity of about 23,000 metric tons. 

Địa dư:

2013: "pivot" year for Sea Minh Hai

Sea Minh Hai a shrimp processor and exporter that has been operating for many years in the industry known by many buyers from important markets as a reliable black tiger shrimp supplier with stable quality, big volumes and has various products.

However in order to maintain their existence in this volatile industry, all companies must give their ceaseless efforts in various related factors. Sea Minh Hai is no difference to this rule.

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Maruha Nichiro President to step down due to food contamination

The president of the Japan biggesst fishery company, Maruha Nichiro, Mr. Toshio Kushiro, will step down from March 31, 2014 due to the company food contamination scandal affected to thousands of Japanese who used the products contaminated with Malathion at a concentration of upto 2,200 ppm.

The scandal was reported after many Japanese after using the foods made by Aqlifoods Corp plant in Gunma Prefecture, Japan, have vomitted, stomack ache...The affected numbers can reach thousand persons as reported by various sources.

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Darden Restaurants to spin-off Red Lobster

Darden Restaurants is the biggest restaurant system in the US (and the world). It operates a total 2,105 restaurants in 50 states. Of this number, 822 are Olive Garden, 678 are Red Lobster, 430 are LongHorn Steakhouse, 49 are The Capital Grille, 44 are Yard House, 33 are Bahama Breeze, 31 are Seasons 52, 9 are Eddie V's Prime Seafood, six are combined of Red Lobster and Olive Garden in the same site for testing, and 3 are Wildfish Seafood Grille.

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VN farmers switched to Vannamei

In 2013, Vannamei becomes the most important shrimp species cultured in VN.

It is well known that for many years Black Tiger production in Viet Nam has been bigger than other shrimp species (white vannamei, scampi etc.), but situation has changed in 2013. Source from Viet Nam's VASEP recently shows that Vannamei has equalled Black Tiger in its export value between the second and the third quarter of the year, and has surpassed BT value at the end of the third quarter.

According to VASEP's third quarter report, the export value of vannamei during Q1 and Q3 of 2013 as follows.

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