Business Briefs 06 Sep 2019

06-Sep-2019 Intellasia | | 9:12 AM Print This Post

* Military Commercial Joint Stock Bank (MBB) will issue over 169 million shares to pay 2018 second round share dividend at 8%. The bank will close the shareholder list on September 19. After paying the dividend in shares, the lender will issue 43.2 million shares under an employee stock ownership plan (ESOP).

* Trinh Van Quyet, chairman of FLC Faros Construction JSC.(ROS), will sell 70 million ROS shares from September 5 to October 4 to cut his ownership in ROS to 312.2 million shares, or a 55.01 % stake.

* Vicem Hai Van Cement JSC (HVX) will finalize its shareholder list on September 18 to pay a 2018 cash dividend of 2%. The payment date will be made on October 18.

* Development Investment Construction Hoi An JSC (DIH) will pay a 2018 cash dividend of 4% on October 28. The record date will be September 26.

* Transimex JSC, a unit related to Bui Tuan Ngoc, vice chairman of Vinafreight JSC (VNF), has registered to purchase 100,000 VNF shares between September 4 and September 27. Before the transaction, Transimex held no VNF shares.

* Ben Thanh Trading & Service JSC (BTT) will close its shareholder list on September 16 to pay 2018 second round cash dividend of 5%. The payment date is slated for October 9.

* Asia Commercial Bank (ACB) has passed a plan to issue VND2.6 trillion worth of unsecured Inconvertible bonds to improve its capital scale and facilitate medium- and long-term credit activities. The two-to-three-year bonds will come with a face value of VND 1 billion each.

* Petro Vietnam Ca Mau Fertilizer JSC (DCM) has picked September 25 as the ex-dividend date to pay a 2018 cash dividend of 9%. With its outstanding 529.5 million shares, the firm. spend over D476 billion on dividend payment for its current shareholders. The payment date is slated for October 15.

* Nguyen Thanh Phong, a member of the board of directors at Cho Lon Water Supply JSC (CLW), has bought 140,000 CLW shares. He now holds 660,000 CLW shares, or a 5.08% stake in the firm, after the purchase.


Category: Business, Vietnam

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