CFR International Spa increases holding in DMC to 45.94pct stake

Hochiminh Stock Exchange (STC) has recently reported that transaction results of the majority shareholder in Domesco Medical Export Import Joint Stock Co (coded DMC).

Accordingly, from April 13 to June 13, 2012, CFR International Spa, a majority shareholder of DMC registered to buy 758,000 DMC-coded shares via matching order trade and put-through methods.

Ending transactions, CFR International Spa has bought 212,400 shares, increasing its holding in DMC to 8,181,020 DMC-coded shares, or 45.94 percent of the total volume of DMC-coded shares in circulation.

The shareholder also mentioned the reason of not buying up the registered share volume due to the limited room for foreign shareholder in local company.

Reportedly, June 27 is the registration deadline for DMC to pay remaining dividend of 2011 at 12 percent in cash, or 1.200 dong per share. The payment date is scheduled on July 6.

 

Category: Stocks