Business Briefs July 30
* Ben Thanh Corporation has registered to buy 110,000 shares of Hoc Mon Trade Company (HTC) from today to August 3.
* The Hanoi Stock Exchange yesterday announced a delisting of 9.6 million shares of Vung Tau Petroleum Trading and Service Company (VMG) as the ticker saw no transaction in 12 months.
* Cu Chi Commercial and Industrial Developing Investment Company (CCI) has announced August 2 as the ex-dividend date to pay 2012 first round dividend in cash for shareholders at 8 percent.
* Tan Tao University Joint Stock Company has sold over 1.3 million shares of Tan Tao Investment Industry Corporation (ITA).
* Vinaconex Advanced Compound Stone JSC. (VCS) sent a file to HNX’s website on July 25, reporting its management operation in H1/2012 with following contents: 1. Reports attendance of its Board of directors (BOD) member at BOD meetings.(full attendances) 2. Supervision activities of BOD to Board of directors and Groups of BOD ( board of secretary) : in regular 3. Reports main contents of BOD Resolutions. 4. Reports list of related persons. 5. Reports list of insiders and related persons and other transactions.
* Hanoi Milk (HNM) sent a file to HNX’s website on July 25, reporting its management operation in H1/2012 with following contents: 1. Reports attendance of its Board of directors (BOD) member at BOD meetings.(full attendances) 2. Supervision activities of BOD to Board of Management: in regular 3. Reports main contents of BOD Resolutions. 4. Reports list of related persons. 5. Reports list of insiders and share transaction of insiders and related persons.
* One Communication Technology Corporation (ONE) sent a file to HNX’s website on July 25, reporting its management operation in H1/2012 with following contents: 1. Reports attendance of its Board of directors (BOD) member at BOD meetings.(full attendances) 2. Supervision activities of BOD to Board of Management: in regular 3. Reports main contents of BOD Resolutions. 4. Reports list of related persons. 5. Reports list of insiders and share transaction of insiders and related persons.
* Cement Trading JSC. (TMX) sent a file to HNX’s website on July 24, reporting its management operation in H1/2012 with following contents: 1. Reports attendance of its Board of directors (BOD) member at BOD meetings.( full attendances) 2. Supervision activities of BOD to directors. (The firm has no Groups of directors): 3. Reports main contents of BOD Resolutions. 4. Reports list of related persons. 5. Reports list of insiders related persons.
* Petroleum Mechanical JSC. (PMS) reported its use of VND20,276,620,000 from issuing 2,027,662 common shares at VND10,000/share as follow: Purpose of capital use: to start its project in Binh Duong, to upgrade its machineries and equipment and to buy 02 new petrol stations. However, by June 30, 2012 the firm could not buy 02 petrol stations as plan as one of the petroleum station ( at 01 village, Tan Long Ward, Phu Giao District, Binh Duong) did not provide all need legal documents for transfer and the other at 01 village, Chanh Phu Hoa Ward, Ben Cat District, Binh Duong) due to high price.
* Seaprodex Refrigeration Industry Corporation (SRF) has registered to buy back 1.3 million shares as treasury shares from August 6 to November 5.
* HCM City Infrastructure Investment Company has bought over 1.5 million shares of Lu Gia Mechanical Electric Company (LGC) to secure a 44.8 percent stake in the latter.
* PetroVietnam Low Pressure Gas Distribution Company (PGD) has announced August 6 as the ex-dividend date for shareholders to receive ’2011 second round dividend in cash at 15 percent.
* Dinh Vu Port Investment & Development Company (DVP) is looking to obtain VND230 billion in revenue and VND85 billion in pre-tax profit in the last six months of this year.
* Hoang Huy Investment Services Company (HHS) has announced August 8 as the ex-dividend date to pay 2011 stock dividend for shareholders at the 2:1 ratio.
* Ba Ria-Vung Tau House Development Company (HDC) is joining hands with the Vung Tau branch of Viet com bank to provide soft loans for buyers of its house and condo projects.
* Asia Commercial Bank has launched a multi-currency payment service that allows customers to transact in dong and 13 other currencies.
* Saigon Thuong Tin Commercial Bank yesterday launched a VND1 trillion loan package for small and medium -sized enterprises in HCM City with interest rates from 13-14 percent per annum. The credits have a maximum term of six months.
* Alibaba Group and its representative in Vietnam, aSB Co., in coordination with the Vietnam Chamber of Commerce and Industry (VCCI) have, launched a Support package worth VND21 billion to help local firms boost exports. Specifically, 500 firms registering to join the programme will be offered a 45 percent fee support for the Global Gold Suppliers (GGS) on Alibaba.comand have chances to attend specialised conferences, skills training and meet foreign importers.
* Toyota Motor Vietnam Co., Ltd (TMV) on Wednesday introduced the special version Corolla Allis 2.0RS. It will be on sale from August 10 at VND886 million per unit, inclusive of VAT
* Xuan Cau Real Estate Co. has signed a cooperation agreement with Bank for Investment and Development of Vietnam (BIDV) to offer a preferential interest rate of 10 percent per year in six months for customers buying villas of the Xanh Villas projectloeated in Thach That District, Hanoi City
* Vincom centre will launch the Crazy Sale programme with many discounts for customers tomorrow and Sunday. The programme will be applicable for shops with “Crazy Sale” signs at Vincom centers.
* Phat Thanh Trading Manufacture Co. (FATACO) has set aside $2.4 million to purchase 17 CNC molding machines from Japan and Germany to produce plastic products of higher quality for its new markets, including the US, Sweden, Japan, Singapore and New Zealand
Category: Business
