Business Briefs 13 May 2019

13-May-2019 Intellasia | | 9:04 AM Print This Post

* Dao Kiem Khe, father of Dao Huu Hoang as board chairman at S.P.M Corporation (SPM), offloaded his entire holding at SPM of over 231,000 shares, or a 1.65% stake, between March 24 and May 6. Meanwhile, Dao Huu Khoi, the firm’s board member, bought the same amount of SPM shares during the given period.

* The Hochiminh Stock Exchange on May 8 issued a decision to put the stock of Telecommunications Industry Electronics JSC (TIE) under supervision, starting from May 15, since its parent company posted after-tax losses of VND19.5 billion in 2017 and over VND24 billion last year.

* Mobile World Investment Corporation (MWG) has passed a scheme to pay a 2018 cash dividend for its shareholders at 15%. The payment date is scheduled for June 11.

* Idico Urban and House Development Investment JSC (VIC) has chosen May 23 as the ex-dividend date for shareholders to receive the remaining cash dividend at 21 %. It will make the payment from June 10.

* Nguyen Viet Cuong, a board member at Binh Thanh Import Export Production and Trade JSC (GIL), has registered to buy 300,000 GIL shares from May 10 to June 8. Once complete, he would raise his ownership at the firm to over 554,000 shares, or a 2.91 % stake.

* Vo Van Binh, a board member at Thu Dau Mot Water JSC (TDM), sold 150,000 TDM shares on May 7. He cut his holding at TDM down to 4.35 million shares, equal to a 5.35% stake, after the transactions.

* Hoang Minh Finance Investment JSC (KPF) has announced a scheme to issue over 0.85 million shares to pay a 2018 dividend for shareholders at 5%. The issuance is slated for the second quarter of the year.

* Cao Tan Thach, a board member at Nam Long Investment Corporation (NLG), sold more than 604,000 NLG shares on May 7 via put-through deals, to reduce his holding at NLG to some 7.15 million shares.

* Nguyen Anh Tuan, a board member of PVI Holdings (PVI), has failed to sell an entire amount of over 217,000 PVI shares that he registered to offload from April 5 to May 3, due to unexpectedly low prices.


Category: Business, Vietnam

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