Centralised from the start

Most companies centralise their treasuries to save money after expanding, Pacific Andes did it from the get go.
September 21, 2010

Dennis Chan looked excited. The financial controller of Pacific Andes International Holdings, a Hong Kong-listed global seafood conglomerate, had just closed a $190 million private placement with The Carlyle Group to fund expansion – the latest in the company’s plans to grow.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Related Articles

Pacific Andes group launches two rights issues

The parent company is using a rights issue to obtain capital that will be injected into its Singapore-listed division, which is also raising funds in a separate deal. The fully underwritten offerings will net a combined $216 million.
May 25, 2009

Thinking outside the box

Remaining calm under pressure is how Lee and Man negotiated the financial crisis.
February 28, 2011

CFO interview: Managing Milo

Manuel Vázquez helps make Nestlé – the world’s largest food company by sales – a sweet success.
October 31, 2011

Soft toy story

Dream International’s CFO Young Lee explains how his company is finally reaping its reward after four consecutive years of losses.
December 06, 2010