New ID for Australian seafood firm

Sam’s Seafood Holdings on Friday announced it changed its name to Pan Asia Corp., effective immediately.

The name change is part of the Australian company’s diversification beyond the seafood industry, as it expands its presence in the mining industry. Last week, it agreed to acquire up to 16 new coal concessions and six new manganese concessions in Indonesia.

Pan Asia has offices in Perth, Australia, and Jakarta, Indonesia, and is listed on the Australian Securities Exchange. On Monday, the exchange officially recorded the name change and switched its code from “SSS” to “PZC.”

The company also has a secondary listing on the Frankfurt Stock Exchange.

Pan Asia also announced that it launched a Web site to provide investors with up-to-date information regarding the company, including its projects, financial reports, a corporate directory and Australian Securities Exchange updates.

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