Business Briefs 05 Aug 2019

05-Aug-2019 Intellasia | | 8:22 AM Print This Post

* Power Engineering Consulting JSC 2 (TV2) booked over VND1.6 trillion in revenue in the second quarter of the year, up a staggering 292% against 2018, its after-tax profit also rose 40% year-on-year at VND88 billion. The firm said in a recent financial report that its revenue and after-tax profit in the first six months soared 212% and 15%, respectively, at VND2.2 trillion and VND140 billion.

* Canadian life insurer Manulife Vietnam on July 31 launched a new comprehensive financial solution “Manulife – Blissful Journey’; which allows customers to save money, invest and secure their finance against risks in life.

* The Hochiminh Stock Exchange decided on July 31 to remove An Giang Fisheries Import & Export JSC (AGF) from the share trading suspension on the exchange and the firm will be on the watch list from August 2, instead.

* Mai Van Chanh, board chairman of Nui Nho Stone JSC (NNC), has registered to offload over 203,000 NNC shares from August 5 to September 3.

* The board of directors of Dai Thien Loc Corporation (DTL) has passed a scheme to transfer two land lots totaling 830 square meters in Vi Thanh City, Hau Giang Province to Nguyen Thanh Nghia. The transfer price is VND2.7 billion.

* Development Investment Construction Joint Stock Corporation (DIG) will sell nearly 15 new million DIG shares to raise funds for a 2018 dividend payment of 5% for its shareholders. It will close the shareholder list on August 15.

* Vietnam Export Import Bank (Eximbank), a major shareholder of Vinaconex Investment and Tourism Development JSC (VCR), sold two million VCR shares from July 9 to 24 to cut its ownership to 1.9 million shares, or a 5.42% stake, in VCR from the current 3.9 million shares, equivalent to 11.09%.

* South-East PtroVietnam Fertilizer and Chemical JSC (PSE) has set August 9 as the ex-dividend date to pay a 2018 cash dividend of 8% to its shareholders, with the record date of August 12. The payment is slated to start from August 30.


Category: Business, Vietnam

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