Business Briefs 01 Aug 2019

01-Aug-2019 Intellasia | | 8:16 AM Print This Post

* Vietnam Construction and Import-Export Joint Stock Corporation (VCG) has released its consolidated financial report for the second quarter of the year, with net revenue dipping 4% year-on-year to VND2.2 trillion, while after-tax profit of the parent firm doubled the 2018 figure to exceed VND 170 billion. During the first half, VCG gained over VND3.9 trillion in net revenue, down 5% against the year-ago figure, but its after-tax profit surged a staggering 67% to nearly VND304 billion.

* Le Thi Anh Thu, a major shareholder of Thu Due Electro Mechanical JSC (EMC), sold one million EMC shares on July 26 via put-through transactions to cut her holding to 509,000 EMC shares, or a 3.33% stake. Meanwhile, her husband Vo Tien Dung bought the same amount of one million EMC shares on the same day. After the purchase, Dung has raised his ownership at the firm to over 1.53 million shares, or a 10.01 % stake.

* Nguyen Ho Hung, board chairman of An Phat Securities JSC (APG), managed to buy only 42,500 APG shares out of the registered amount of one million from June 26 to July 25 via order-matching transactions. After the purchases, he holds 100,000 APG shares, or a stake of 0.29%.

* Tay Ninh Cable Car Tour Company (TCT) has set July 31 as the ex-dividend date to pay a 2018 cash dividend for its shareholders at 20%. The record date will be August 1 and the payment is slated for August 15.

* Ha The Phuong, vice chairman at FECON Corporation (FCN), will sell 100,000 FCN shares from July 31 to August 29 via matching and put-through deals. After the transactions, Phuong’s ownership will be cut to over 1.2 million FCN shares.

* The board of directors at Phuong Nam Cultural Joint Stock Corporation (PNC) has approved the appointment of Vo Ngoc Xuan as the board chairwoman of the firm tarting July 28. Also, PNC picked Nguyen Nhu Quynh as vice chairwoman on the same day.

* ANZA JSC, a major shareholder of ANI JSC (SIC), purchased 517,000 SIC shares on July 24 to spur its ownership to over 12 million SIC shares, or a 50.87% stake.


Category: Business, Vietnam

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