Editor's blog

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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Maruha bought 50% shares of Austral Fisheries

Dec 4th, 2013: Maruha bought 50% shares of Austral Fisheries (an Australian company)
 
The world biggest seafood company, Maruha Nichiro Seafoods, has bought 50% shares of Austral Fisheries (one of the biggest fishery companies in Australia).
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No subsidies found, ITC finally ruled

In a surprised decision voting 4 to 2, the ITC has ruled out that no subsidies CVD rates will applied to the 7 shrimp exporting countries to the US. The ITC had issued its final decision on Friday 20 Sept, 2013.

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Final CVD rates for 7 shrimp supplying countries

US DOC yesterday August 13, 2013 has assigned the final rates for 7 supplying countries in the recent CVD case filed last year by Coalition Shrimp Industries against the biggest supplying countries that shipped shrimp products into US market.

These 7 countries in 2012 shipped a total value of USD 3.45 billion to USA. By countries from the biggest to the smallest value shipped are Thailand (USD 1.1 billion), Indonesia (USD 634 million), India (USD 551 million), Ecuador (USD 500 million), Viet Nam (USD 426 million), Malaysia (USD 142 million) and China (USD 102 million).

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DOC preliminary CVD decision for frozen warm water shrimp

On May 29, 2013, DOC has announced its prelimimary CVD decision on frozen warm water shrimp from seven countries that have shipped the products to the US.

General speaking, DOC has use a rather wide CVD range, from de minimis (1% for developed countries and 2% for developing countries) for packers from Indonesia and Ecuador, to the very high of 62.74% for packers from Malaysia.

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2nd Dividend Distributed for 2012

On April 22nd, 2013 Seaprodex Minh Hai has announced its dividend distribution schedule to its shareholders.

The amount one can receive is 5.5% of the share face-value, or VND 550 per share and will be paid from May 13 to June 30, 2013.

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2013 General Meeting Completed

As infomed to all of company shareholders, this morning April 12, 2013 the General Shareholders Meeting has been held at the Meeting Room of the Bac Lieu Province People Committee's Guest House.

Besides 32 shareholders who own (or being authorized by shareholders) 81,62% of a total copany shares, one can see many guests from Province officials, bank's officials and Kim Eng senior officials, the consultant company to help for a schedule to raise the charter capital from 81 VN Billion dong to 121 billion dong.

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2013 Shareholders' Meeting: More documents

Documents relating to the noninees, self-nominators, résumé, nominee's interests publiticizing for use at the Shareholders Meeting are here given for reference.
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Late 2012 and early 2013 busy time for Microsoft

We have seen a very busy times in the end of 2012 & early of 2013 for Microsoft in some great event such as Windows 8 / Surface tablet debut, Windows 8 mobile phone introduction, Office 2013 shipped out to its customers...
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