Business Briefs April 15

15-Apr-2014 Intellasia | | 10:58 AM Print This Post

* PEB Steel Buildings Co.,Ltd has held the ground breaking ceremony of its fifth plant inVietnam. Located in Ba Ria-Vung Tau Province’s Dong Xuyen Industrial Zone, the project will cover an area of 20,000 square meters and is expected to be up and running in 150 days to mark the firm’s 20th anniversary.

* HCM City Machinery Electronics Joint Stock Company(Todimax)last week opened a store inHCMCityselling lights, electrical cables for household and industrial use, interior furnishing items and household appliances.

* The US Company Autodesk has signed a memorandum of understanding with the Ministry of Education and Training to use educational software of Autodesk.

* A cacao development centre was inaugurated inBinhPhuocProvince’s Bu Dang District last week. It is part of a multilateral project to grow cacao sustainably of the governments ofVietnamand theNetherlands, Rabobank, Mars, Cargill, the Sustainable Trade Initiative and Oxfam.

* MB Securities Joint Stock Company has registered to sell over 5.1 million shares of Vietnam Mechanisation Electrification & Construction Company (MCG), or a 9.8 percent stake.

* Kinh Bac City Development Shareholding Corporation (KBC) has got approval from the State Securities Commission to issue 100 million shares via private placement for five individual and institutional investors at 10,000 dong each. The issuance will be carried out between tomorrow and May 15 in a bid to restructure the firm’s debts.

* Duong Ngoc Minh, chair and general director of Hung Vuong Corporation (HVG), has registered to buy 300,000 HVG shares to secure a 36.6 percent stake.

* Saigon Thuong Tin Commercial Bank today begins handing out gifts with a total value of over one billion to customers who use its payment and money transfer services. The programme runs till July 12.

* Maritime Commercial Bank offers shopping vouchers to customers who refer others to the bank. The programme runs till April 30.

* Hapaco Corporation (HAP) plans to issue 16 million shares to existing shareholders. It will sell the shares at a 2-for-1 ratio at a price 15%-20 percent lower than that on the ex-dividend date. The proceeds will be used to invest in itsGreenInternationalHospitalproject inHaiPhongCity. The $21 million project is expected to be completed in May.

* Vung Tau Real Estate and Construction Company (YRC) has decided to sell nearly 494,000 treasury shares within one month starting from May 5 to supplement its working capital.

* Binh Minh Plastic Company (BMP) targets 500 billion dong in pre-tax profit this year, almost the same as in 2013, and 2.2 trillion dong revenue, up 5.4 percent year-on-year.

* Vinh Hoan Corporation (VHC) has decided to advance 2013 dividend in cash for shareholders at 15%. Payment will be made from May 14.

* Ben Tre Aquaproduct Import and Export JSC. (ABT) made a net profit of 22.5 billion dong in Q1/2014, up 61.2 percent from a year back.

* HCMCityInfrastructure Investment JSC. (CII)’s holding company made a net profit of 65.5 billion dong in Q1/2014, falling 22 percent from a year back.

* Rang Dong Plastic Joint-Stock Company (RDP) announced to change the time to hold the 2014 Annual general Meeting (AGM) to June.

* Vincom Securities JSC. (VIX) announces to hold 2014 Annual general Meeting (AGM) on April 28 at Melia hotel, 44B Ly Thuong Kiet,Hanoi.

* PV2 Investment JSC (PV2) announces to hold 2014 Annual general Meeting (AGM) on April 26 at the hall on floor 7, Building at 154 Nguyen Thai Hoc, Ba Dinh district,Hanoi.

*Song DaNo 10 JSC. (SDT) announces to hold 2014 Annual general Meeting (AGM) on April 29 at Song Da holdings,Pham Hung Street, Me Tri, Tu Liem,Hanoi.

* Phung Thi Thu, wife of Nguyen Tu Chung, deputy general director of Song Da Cao Cuong JSC (SCL) registered to sell her all 25,900 shares from April 17 to May 16.

* Tran Thi Thu Huong, wife of Nguyen Van Kiet, BOD member of Mechanics Construction and Foodstuff JSC (MCF) sold 4,800 shares from March 12 to April 10, cutting her holding to 40,200 units after the deal.

* Nguyen Thi Nga, BOD member cum chief accountant of Safoco Foodstuff JSC. (SAF) sold 8,000 shares from March 11 to April 11, cutting her holding to 31,210 units after the deal.

* Luu Thi Hong Huong, daughter of Pham Thi Thu Hong, BOD member of Safoco Foodstuff JSC. (SAF) registered to buy 300,000 shares from April 16 to May 15, expecting to raise her holding to 52,800 units after the deal.

* Nguyen Kiem Phuong, member of the Board of directors of Imexpharm Pharmaceutical JSC. (IMP) sold 2,000 shares on April 10 through order-matching.

* Vietinbank or Vietnam Joint Stock Commercial Bank for Industry and Trade (CTG) has disclosed the documents for the 2014 Annual general Meeting (AGM) at

* ASPL V6 Limited, whose representative IS Lai Voon Hon, member of the Board of directors of Nam Long Investment JSC. (NLG) registered to sell 1 million shares from April 16 to May 15.

* Le Ngoc Hung, head of BOS of Quang Nam Transportation JSC. (QTC) bought 500 shares from March 10 to April 8, raising his holding to 530 units after the deal.

* Saigon Hotel JSC. (SGH) announced April 18 as ex-date and April 22 as record date for bonus share issuance.

* Nguyen Thai Binh, deputy general director of Thanh Nam Construction and Investment JSC. (CSC) registered to sell 1,500 shares out of his holding to 3,500 units on April 16.

* Luu Thi Hong Huong, daughter of Pham Thi Thu Hong, BOD Member of Safoco Foodstuff JSC. (SAF) bought 9,700 shares from March 20 to April 11, raising her holding to 22,800 units after the deal.

* VNDIRECT Securities Corporation (VND) announces to hold 2014 Annual general Meeting (AGM) on April 26 at the hall on floor 8, No.1 Nguyen Thuong Hien, Hai Ba Trung,Hanoi.

* Saigon Securities Incorporation (SSI) announced to hold the 2014 Annual general Meeting (AGM) on April 25 at Thong Nhat hall, No. 135 Nam Ky Khoi Nghia, district 1,Ho Chi Minh city.


Category: Business

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