Company, bank, stock market briefs July 11
11/Jul/2008 Intellasia
Jul 11, 2008 - 12:03:21 PM
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* Ho Chi Minh Stock Exchange (STC) on July 8 approved membership status for Artex Securities Joint Stock Co (ART) with a chartered capital of 135 billion dong, marking the 83rd membership code on the southern bourse.
* Ho Chi Minh Stock Exchange (STC) recently approved the Materials Trade and Construction Joint Stock Co (C&T) with a chartered capital of 80 billion dong to list eight million shares on the southern bourse. Ending the first quarter of the year, the company made a revenue of 623.9 billion dong and 6.3 billion dong from after tax profit, up 70.71% against the same period of 2007.
* Ho Chi Minh Stock Exchange (STC) recently announced that Construction Joint Stock Co No 5 (coded SC5) would close the shareholders list on July 18 to pay the year 2007's dividend in cash and shares.
* Gia Lai Tourism and Culture Joint Stock Co with a chartered capital of 23.762 billion dong recently announced that it would list shares on the Hanoi Securities Trading Centre (HaSTC) on July 18 with the share code of CTC.
* Listed firm Vinamilk last month reached 752 billion dong in total revenue against 768 billion dong of May, bringing the total figure of H1 to 3.964 trillion dong, jumping 26.97% year-on-year. In the first half, the company also earned 777 billion dong in profit including 160 billion dong of June, up 35.84% or 205 billion dong over 2007.
* PetroVietnam received 144,260 billion dong in revenue in the first half of this year, up 71% year-on-year.
* On September 7 in Hanoi, FPT Software Stock Co (FPT Software) announced it would officially inaugurate the Kuala Lumpur shop named FPT Software Malaysia Ltd on 13 July 2008.
* Indochina Co will break ground for (HCM City's first underground car park worth 300 billion dong in Lam Son Square in District 1 late this month, quoted Nguyen Thi Bao Quynh, deputy director of the company. The 12-floor parking lot will be up and running after two-years of construction and able to accommodate 294 automobiles at a time.
* Cong Thanh Cement Joint Stock Co is seeking approval from Thanh Hoa Province to build a fertiliser factory in Nghi Son Industrial Park. The US$670 million facility is able to turn out 560 tonnes a year.
* Educational Equipment Joint Stock Co No 2 has asked the HCM City Department of Information and Communication for help to set up an internet connection and for financial assistance to carry out an online training project. The seven billion dong project will involve 30 vocational schools and universities and be able to train 3,000 students a year.
* Viet Ha Pharmaceutical Joint Stock Co was asked to lower drug prices by the Ministry of Health on Tuesday. Earlier the company raised the prices of eight imported items without permission and sells them at prices higher than quoted.
* CongThanh Cement Joint Stock Co opened a cement factory in the northern province of Thanh Hoa on Tuesday.
* Inax Vietnam has inaugurated a high-class tile factory worth US$20.5 million in My Xuan A Industrial Park in the southern coast province of Ba Ria -Vung tau. The facility can turn out 1.2 million square metres of tiles for the exterior and 15,000 tonnes for the interior.
* The State Bank of Vietnam (SBV) recently officially granted establishment and operation license for the Electricity of Vietnam (EVN)'s Finance Joint Stock Co (EVNFC) with a chartered capital of 2.5 trillion dong, marking the second biggest finance firm amongst 14 finance companies managed by SBV.
* The State Securities Commission (SSC) recently issued a Dispatch No 1354/UBCK-QLPH allowing Saigon Thuong Tin Joint Stock Commercial Bank (Sacombank) to pay dividend in shares.
* Vietnam Technology and Commerce Joint Stock Bank (Techcombank) on July 10 announced that it's total assets reached 51.821 trillion dong in Jan-June, up 151% against the same period of the year earlier. The bank's total deposits obtained 45.655 trillion dong, a 111% higher than in June 2007 and up 32% against the beginning of the year. Of which, Techcombank mobilised 25.861 trillion dong from inhabitants, accounting for 56.6% of total deposits.
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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