Business Briefs 12 Sep 2019

12-Sep-2019 Intellasia | | 8:55 AM Print This Post

* Gia Lai Electricity JSC (GEG), a unit of Thanh Thanh Cong Group, will list over 203.8 million GEG shares on the Hochiminh Stock Exchange on September 19, with the starting price expected at VND27,566 each. Earlier, the Hanoi Stock Exchange on August 30 had approved delisting all GEG shares traded on the Unlisted Public Company Market (UPCoM). The last trading session of GEG shares on UPCoM was yesterday and all of the shares will be officially delisted on UPCoM today.

* Platinum Victory Pte Ltd, a major shareholder at Vietnam Dairy Products JSC (VNM), has registered to purchase over 17.41 million VNM shares from September 12 to October 11 via matching and put-through deals. After the transactions, Platinum Victory will raise its holding to 202.26 million VNM shares, or an 11.62% stake. Earlier, it failed to buy the targetted amount of VNM shares between August 8 and September 6.

* Truong Anh Than, board chairman at Hoang Quan Consulting-Trading-Service Real Estate Corporation (HQC), bought 10 million HQC shares from August 7 to September 6 via matching deals to spur his ownership to over 40.35 million HQC shares, or an 8.47% stake.

* Nguyen Manh Hung, board chairman at Nafoods Group JSC (AF), will purchase over 10.55 million NAF shares from September 12 to October 11. Once the transactions are done, his holding at AF will be over 22.82 million shares, or a 51.37% stake.

* Vicem Hai Van Cement JSC (HVX) on September 18 will close the list of shareholders who will receive a 2018 cash dividend at 2%. The payment date will be October 18

* IDJ Vietnam Investment JSC (ID}) has passed a plan of issuing 50,000 bonds with a par value of VND1 million each. The two-year bond will carry an annual interest rate of 12% and will be issued on December 3.

* Vinaconex Investment and Tourism Development JSC (VCR) has registered to sell nearly 600,000 treasury shares between September 17 and October 1 via matching and put-through deals.

 


Category: Business, Vietnam

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