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What is PAIHs relationship with Pacific Andes Resources Development Limited (PARD) and China Fishery Holdings (CFG)?

April 26, 2017Andes China Development Fishery limited pacific paih pard relationship Resources

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What is PAIHs relationship with Pacific Andes Resources Development Limited (PARD) and China Fishery Holdings (CFG)?

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PAIH is the parent company while PARD and CFG are the subsidiaries. However, all 3 companies are individually listed and pursue own independent business operations to maximize benefits for its shareholders. PAIH was listed on the Hong Kong Stock Exchange Mainboard in 1994, and focuses on the processing and distribution of frozen seafood products. Both subsidiaries, PARD and CFG were listed on Singapore Exchange Mainboard in 1996 and 2006 respectively. PARD focuses on the supply chain management, and CFG conducts the fishing operations. Please visit our Group History section for more information on this subject.