Business Briefs 19 April 2019

19-Apr-2019 Intellasia | | 9:42 AM Print This Post

* An Phat Plastic & Green Environment JSC (AAA) is looking to VND10 trillion (US$431 million) in consolidated revenue. It will pay a cash diviend of 10% to 20% for shareholders. AAA shareholders have also agreed to rename the company as An Phat Bioplastic JSC and allow An Phat Holdings to increase its holding in AAA to a maximum of 51 %.

* Tran Tuu, a member of the board of Hung Thinh Incons JSC (HTN), has registered to buy 1.3 million HTN shares from April 22 to May 21 to raise his holding to 4.92%.

* Quang Nam Rubber Investment JSC (VHG) on April 16 explained its negative after-tax profit last year and proposed the Hochiminh Stock Exchange allow it to stop trading its shares on the exchange due to its heavy losses over the last three years.

* Sai Gon Thuong Tin Real Estate JSC (SCR) will seek shareholder approval to appoint Nguyen Dang Thanh, former general director of Hoa Lam Group, to the post of SCR chairman, at its annual shareholder meeting slated for April 23.

* Pha Lai Thermal Power JSC (PPC) has released a report on its performance in the first quarter of the year, saying its net profit reached VND242.6 billion, rising 27% year-on-year and representing nearly 38% of the full-year target.

* Vietnam Construction and Import-Export JSC (VCG) has announced to delay its annual shareholder meeting, which had been earlier planned to take place on April 23, as the People’s Court of Hanoi City’s Dong Da District had suspended the operation of its board.


Category: Business, Vietnam

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