Business Briefs 06 Aug 2018

06-Aug-2018 Intellasia | | 9:07 AM Print This Post

* Thang Long Investment Group JSC (TIG), a Vietnamese company holding a 45% stake in Hyundai Electronics LLC, said its consolidated net profit rocketed over 35-fold year-on-year to VNDl1.93 billion in the second quarter of this year. Its net revenue jumped 60.82% year-on-year to VND73. 76 billion in the quarter, TIG said in its quarterly financial statements. In quarter two, TIG’s financial revenue soared 69.36% year-on -year to VND8.07 billion. In the first half of this year, TIG earned a consolidated net profit ofVND26.34 billion on net revenue of VND 13 1.44 billion, up 64.8% and 45.71 % year-on-year, respectively.

* Gia Lai Coffee Joint Stock Company successfully sold 6.48 million shares, equivalent to 44.17% of its chartered capital. As many as 38 individual investors purchased the company’s shares worth a combined VND71.5 billion, averaging out at VNDll,029 per share.

* The Hochiminh Stock Exchange has put An Truong An JSC (ATG) into the warning list from August 6. The company violated the regulations on disclosure of information on the stock market four times within one year.

* Building Materials Corporation No,1 (FICO) on yesterday started trading over 127 million shares on the market for unlisted public enterprises, or UPCoM, Each share has a reference price ofVND12,100.

* DRH Holdings JSC (DRH) on yesterday was allowed to issue 9.7 million shares to take the total outstanding volume to over 58,7 million to spur its capital.

* Ba Ria-Vung Tau House Development JSC (HDC) will issue more than 5,3 million shares on August 10 to make the 2017 dividend payment. The firm will then have over 50.4 million oustanding shares.

* Tran Quoc Hung, head of the Board of the Supervisory from DHG Pharmaceutical JSC (DHG) will be selling 10,000 shares via matching and put-through transactions from August 7 to September 5.


Category: Business, Vietnam

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