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| Business Briefs September 3 |
| 03/Sep/2010 Intellasia |
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| 3 Sep, 2010 - 1:48:28 PM |
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* Electronics Communication Technology Investment Development Joint Stock Co (Elcom) announced Sep 10 would be the registration deadline to close the shareholders list for offering 7.175 million shares.
* Wall Street Securities JSC (WSS) has got in principle approval for offering 56.7 million shares at par to the existing shareholders and the company's employees at 1:1.5 ratio
* Vietnam Leather & Footwear Association (Lefaso) reported that the country's total leather and shoe export turnover in August continued maintaining high growth rate at over $450 million, raising the accumulative export turnover in the whole industry to $3.221 billion, a year-on-year increase of 19 percent.
* The northern bourse-listed DIC Dong Tien Joint Stock Co (coded DID) announced that in the first eight months of this year, the company estimated to gain pre-tax profit of 10.5 billion dong, surpassing 140 percent against the year plan.
* Foreign investors suddenly increased their buying on both bourses with total net value of 212.02 billion dong, accounting for over 25 percent of month's net value in only the last trading session of last month. In details, they bought 8.46172 million units worth 353.5 billion dong and sold 4.43038 million ones worth 160.52 billion dong.
* Song Da Urban Investment and Development Joint Stock Co (coded SDU) said the firm would issue 20 million additional shares priced 15,000 dong each to raise its chartered capital from 200 billion dong to 400 billion dong.
* Vietnam Pyramid New Technology Joint Stock Corporation (Pythis) jointed with Genpacific Information Technology Co to start ERP project establishment, use Oracle E-Business Suite solution to help enterprises' leaders collect information of their firms' operation, as well as enhance management effort and international competition.
* In the first eight months of 2010, Vietnam's cement consumption reached 32.5 million tonnes, fulfilling 65 percent of the year plan.
* Thac Ba Hydropower JSC (TBC) announced gaining 135 million kilowatts, meeting 48.23 percent of the year plan after nearly first eight months of this year.
* The HNX-listed Nui Ba Tay Ninh Car Cable Joint Stock Co (coded TCT) has approved the company's resolution in the annual shareholders meeting about the 2010 business plan. Accordingly, the company targetsto reach total net revenue of 50.4 billion dong, pre-tax profit of 32.9 billion dong and expected dividend at 20 percent.
* Vinh Son – Song Hinh Hydropower JSC (VSH) would seek approval in the period of Sep 10 to 25 for designing and building package of Kon Tum hydropower's energy system invested by the firm, said Nguyen Van Thanh, chair of management board.
* On Sep 11, the southern bourse-listed Duc Long Gia Lai Group Joint Stock Co (coded DLG) would kick off the upgrading project of National Highway No 14, from Bridge 20 (Km 817) to Cay Chanh (Km 887), Dak Nong province at a total investment capital of about 1.4 trillion dong.
* The five-star Sea Links Beach Hotel is expected to be officially put into operation in mid October. The five-star hotel spread in an area of an area of 170 hectares has 188 rooms.
* Truong Hai Auto Joint Stock Company (Thaco) has started work on auto supermarket in Can Tho.
* Ba Ria-Vung Tau province people's committee has lately approved in principle for Ba Ria-Vung Tau Housing Development Joint Stock Co (coded HDC) to make investment in Mui Lo Voi tourism complex, Con Dao Island. At present, the company was working with other relevant authorities for carrying out the next step for this project.
* Global Petroleum Commercial Joint Stock Bank (GP Bank) has unveiled a programme "Mo the nhan qua – Thay loi tri an" since September 3 and would last within four months. In details, customers registering for -Mai card or Truc card will have chance to be receive ten thousands presents such as high class card – bags and money.
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