Business Briefs February 6

06-Feb-2014 Intellasia | | 2:09 PM Print This Post

* Vietnam Industrial & Commercial Securities JSC (VIG) announced February 13 as ex-date and February 17 as record date for 2014 annual general meeting of shareholder (AGM). The meeting is expected to be held in Q2/2014 at the venue to be announced later.

* Vinaconex Investment and Tourism Development JSC (VCR) announced February 18 as ex-date and February 20 as record date for 2014 annual general meeting of shareholder (AGM). The meeting is estimated to be held between March 20 and March 30 at the hall on floor 2, Fashion building, 39 Nguyen Thi Dinh, Trung Hoa-Nhan Chinh urban area, Nhan Chinh ward, Thanh Xuan district, Hanoi to pass 2013 business results, 2014 operation plan, 2013 audited financial statements, 2014 auditing firm selection and other contents.

* Vietnam Dairy Products JSC. (VNM)’s Board of directors decided to raise the 2013 third cash dividend payment ratio to 12 percent (or VND1,200/share) from 6 percent earlier. The change will be submitted to the Annual general Meeting (AGM). If approved, the 2013 dividend payout would be 40 percent or VND4,000/share.

* Refrigeration Electrical Engineering Corporation (REE) has got decision to change the listing plan. The firm is allowed to list 19.043 million new shares converted from convertible bonds issued in 2012. The listing has been effective since February 7 this year.

* Lu Gia Mechanical Electric JSC. (LGC) announced the plan to buy back 1,515,070 shares from February 13 to March 13 through order-matching or put-through.

* Bien Hoa Sugar JSC. (BHS) will float 31,497,459 new shares on February 7 this year. These new shares were issued to its existing shareholders.

* HCM City Securities Corporation (HCM) on January 7 got approval from the Hochiminh Stock Exchange (HoSE) to list 1.2 million new shares on the bourse. The additional listing will be effective on January 9 this year.

* HCM City Infrastructure Investment JSC. (CII) will float 60,000 new shares in the employee stock ownership plan (ESOP) on February 14 this year.

* DIC – Dong Tien JSC. (DID) swung to a net profit of VND1 billion in Q4/2013 from a net loss of VND613.4 million a year before, the firm said in its Q4 financial statements. The company generated revenue of VND44.4 billion in the last quarter of 2013, versus VND21.4 billion over the same period of Q4/2012. In 2013, DID reported VND1.2 billion net profit on VND166 billion revenue, compared to VND1.5 billion and VND96.7 billion revenue, respectively. The listed firm posted total assets of VND149 billion at the end of the quarter, against VND132 billion at the beginning of this year.

* Kim Cuong Investment JSC, major shareholder of Educational Book JSC. in HCM City (SGD) bought 8,800 shares through January 22, raising its holding to 195,500 units or 5.07 percent stake after the deal.

* Materials Transport Cement JSC. (VTV) announced February 14 as ex-date and February 18 as record date for 2014 annual general meeting of shareholder (AGM) and 2013 first cash dividend payment. The company will hold the meeting on March 28 at its headquarters 21B Cat Linh, Hanoi and pay the dividend on March 26 at VND800/share.

* UBS AG London Branch, major shareholder of Saigon Hotel JSC. (SGH) bought 5,000 shares through January 24, raising its holding to 304,000 units or 17.21 percent stake after the deal.

* Bui The Chuyen, chair of Southern Rubber Industry JSC. (CSM) registered to buy 5,000 shares from February 10 to March 10 to restructure portfolios through order-matching. After the share purchase, Chuyen aims to hold 12,084 shares compared to 7,084 units currently.


Category: Business

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