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April 28, 2020 8:37 am  

Millennium Global Holdings, Inc. (MG), formerly IPVG Corporation, was incorporated on May 19, 1964 primarily to invest and engage in management of investments in media technology industry: internet, intranet, extranet, and all types of information technology users; purchase, sale, import and export, license, distribution and rental of any computer hardware and equipment; and engage in e-commerce. On February 14, 2013, the Securities and Exchange Commission (SEC) approved the change in corporate name the present one as well as the change in primary purpose to a general holding company.

On March 31, 2017, the Company entered into an agreement acquiring 49% ownership of Pacific Seafoods Company Limited, a Vietnamese aqua foods and products processor and preserver.

The Company's other subsidiaries are Millennium Ocean Star Corporation (MOSC) and Cebu Canning Corporation (C3). MOSC is engaged in the processing of seafood and aquaculture products for export as well as trading of imported marine products. Meanwhile, C3 is a manufacturer or pasteurized canned crabmeat, frozen marine products, and other food products meant to be exported.