Business Briefs December 1

01-Dec-2016 Intellasia | | 1:47 PM Print This Post

* Nam Long Investment Corporation (NLG) has announced December 8 as the ex-dividend date to pay a 2016 first round dividend in cash for shareholders at 2.49 percent. Payments are due on December 20.

* The HCM City Tax Department has told ACB Securities Company to pay a fine of nearly VND 1.5 billion as the enterprise wrongly declared tax, according to a statement posted on the HCM City exchange’s website.

* Individual investor Puan Kwong Siing has registered to sell 200,000 shares of Super dong Fast Ferry Kien Giang Company (SKG) to cut his ownership to 7.38 million shares (21.5 percent) between November 28 and December 27.

* DIC No.4 Company (DC4) plans to issue VND20 billion worth of unsecured non-convertible bonds in a private placement by the end of this year. The three-year bonds will carry a fixed coupon of 10 percent per annum and will be sold at a face value of VND100,000 each. The yield payment will be made every six months. In Ianuary-Septernber, the realty developer attained revenue of VND 175.5 billion, a 27 percent pickup year-on- year, and net profit of VND6.27 billion, a nearly 9-fold increase, Viet Capital Securities Company reports.

* Vinacomin – Cao Son Coal Company (TCS) has issued 11.8 million shares to increase its equity, sending its total outstanding volume rising to 26.8 million shares. The new shares will be tradable on December 2.

* Nguyen Trung Kien, a board member Of Tri Viet Investment Management Corporation (TVC), has registered to buy two million TVC shares from November 30 to December 29. He currently holds no TVC shares.

* Tien Phong. Plastic Company (NTP) said it would pay a 2016 first round dividend in cash for shareholders at 15 percent on the record date of December 5. Payments will be made on December 23.

* Phuc Hung Holdings Construction Company (PHC) posted revenue ofVND336.6 billion in the third quarter of this year, up 153 percent from a year earlier, and after-tax profit ofVND5.6 billion, soaring 400 percent. The enterprise plans to pay a 2015 dividend in cash. for shareholders at 10 percent on the record date of December 12. Payments are due on December 22.



Category: Business, Vietnam

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