Company, bank, stock market briefs May 08
08/May/2008 Intellasia
May 8, 2008 - 12:02:36 PM
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* The State Securities Commission on May 5 issued Decision No 301/UBCK-GCN approving Hai Phong Cement Trading and Transportation Joint Stock Co (HP CTT) to offer 1,041,558 ordinary shares at 10,000 dong par to the existing shareholders under the consultancy of Bao Viet Securities Joint Stock Co.
* State Securities Commission (SSC) yesterday granted the establishment license to Minh Viet Securities Investment Fund Management Joint Stock Co called Minh Viet Capital with a chartered capital of 50 billion dong.
* The State Securities Commission (SSC) on May 6 granted business license No 33/UBCK-GP for Hung Viet Fund Management Joint Stock Co (HV Capital) located at No 63 Pham Ngoc Thach Street, Ward 6 in HCM City's District 3.
* Hanoi Securities Transaction Centre (HaSTC) recently announced that the registration deadline for Song Da 9.01 Joint Stock Co (coded S91) to close the list of shareholders book to is on May 16 to pay dividend of 16% in cash on June 16.
* Song Da Development and Investment Joint Stock Co (SIC)'s shareholders' meeting recently passed the plan to offer three million shares to hike its chartered capital from the current of 50 billion dong to 80 billion dong and invest in some big projects in this year through two phases.
* Bac Ninh Agricultural Product Joint Stock Co (coded DBC)'s shareholders' annual meeting recently passed the plan to offer 16.55 million shares to hike its chartered capital to 260 billion dong in two phases.
* Bien Hoa Sugar Joint Stock Co (coded BHS) recently announced its business result in the first quarter of this year with 229.33 billion dong in revenue from sales and services provision, up 31.06% against the same period of last year and 10.5 billion dong in profit, rising 49.4% against the fourth quarter of 2007 and falling 42.24% from the same period of previous year.
* Prudential Life Insurance Co recently was licensed to launch PRUlink—an investment associated insurance product in seven provinces including Hai Phong, Thanh Hoa, Nghe An, Da Nang, Khanh Hoa, Lam Dong and Can Tho after three months of trial in Hanoi and HCM City.
* The Banking Vietnam 2008 titled “Upgrading competitive ability of banks” will be held between May 21 and 23 at Melia hotel, Hanoi, by State Bank of Vietnam's Information Technology Department and International Data Grouyp (IDG).
* State Bank of Vietnam's permanent deputy governor Tran Minh Tuan on May 6 granted the establishment and business license to PPF Vietnam Finance One Member Limited Co under Czech's PPF Group N.V.
* Vietcombank Finance Leasing Co has been approved to raise the chartered capital from 100 billion dong to 200 billion dong, according to SBV's Decision No 1016/QD-NHNN dated May 6, 2008.
* State Bank of Vietnam's governor on April 29 issued Decision No 974/QD-NHNN approving Vietnamese-Thai joint-venture Bank (Trading as VinaSiam Bank) to open the Gia Dinh branch at No 97 Cong Hoa St, Ward 4, HCM City's Tan Binh District.
* Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) on May 6 announced that during the first four months of the year, the bank earned over 537 billion dong in profit, up 30% on the same period of last year.
* FPT Commercial Joint Stock Bank project yesterday May 7 received business license from the State Bank of Vietnam with the trading name of Tien Phong (Pioneer) Commercial Joint Stock Bank (TienPhongBank) located in Hanoi's Cau Giay District.
Sources: Thoi Bao Kinh Te Vietnam, Lao Dong, Nguoi Lao Dong, Dau Tu, Dau Tu Chung Khoan, Tuoi Tre, Tin Tuc, Nhan Dan, Vietstock, SSC, VCBS, HaSTC.
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