Hochiminh Stock Exchange (STC) has recently approved Da Nang Rubber Joint Stock Co (coded DRC) and Binh Dinh Minerals Joint Stock Co (coded BMC) to list additional shares on the southern bourse.
Particularly, DRC will list additional 23 million shares on June 13. These are bonus shares DRC issued for the existing shareholders in May at the ratio of 10:4. Thus, DRC will list total 92.23 million shares on the stock market.
BMC will list additional 4.13 million shares on June 13. These are also bonus shares for the existing shareholders in April at the ratio of 2:1. Thus, BMC will list total 16.52 million shares on the southern bourse.
DRC and BMC both gained profit in the first quarter of 2012, 2011 and 2010.