Business Briefs 28 February 2020

28-Feb-2020 Intellasia | | 9:30 AM Print This Post

* Tran Uyen Phuong, vice general director of Tan Hiep Phat Group and a shareholder of Yeahl Group Corporation (YEG), has become a major shareholder in YEG after her recent share acquisitions. She currently holds 6.75 million YEG shares, or a 21.61 % stake.

* Truong Thanh Furniture Corporation (TTF) has approved the transfer of its entire 5.96 million shares in Truong Thanh Forestry JSC (TTC), or a 99.33% stake. The transfer price is at least VND8,500 per share.

* Hoa Sen Group (HSG) has recently shipped 10,000 tons of galvanized steel sheets worth US$7.5 million to Europe. The steel sheets were made at Hoa -Sen Phu My Plant in the southern province of Ba Ria-Vung Tau.

* Military Commercial Joint Stock Bank (MBB) is preparing to issue over 211 million new shares in a private placement to its business partners at home and abroad to add VND2.114 trillion to its charter capital.

* Hoang Huy Investment Financial Services JSC (TCH) has announced its upward adjustment of the foreign ownership cap from 46.38% to 49%.

* March 17 has been chosen as the ex-dividend date for shareholders of Hoc Mon Trade JSC (HTC) to receive a 2019 third-round dividend in cash at 3%. The record date is March 18 and the payment starts from April 3.

* Danang Chemical and Plastic Company, a large shareholder of Central PetroVietnam Fertilizer and Chemicals JSC (PCE), offloaded 500,000 PCE shares on February 21, or a 5% stake. On the same day, Danang Chemical and Industries JSC bought the same volume of PCE shares.


Category: Business, Vietnam

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