Business Briefs Jun 23

23-Jun-2016 Intellasia | | 4:26 PM Print This Post

* Tam Duc Steel Manufacturing Company has registered to sell 500,000 shares of Dai Thien Loc Corporation (DTL) to reduce its stake in DTL to around 11.4 million shares (19.5 percent) over one month starting from June 23.

* TheHCMCityexchange has issued a warning against Bac Giang Exploitable Mineral Company (BGM), saying the firm has repeatedly infringed information disclosure regulations.

* Portal Global Limited will offload its entire stake of 6.3 million shares (7.2 percent) in DHG Pharmaceutical Company (DHG) within one month starting from June 22.

* Duong Dung Trieu, deputy general director of FPT Corporation (FPT), will be buying about 306,000 FPT shares to increase his ownership to 1.59 million shares (0.35 percent) between June 23 and July 22.

* Danang Housing Development Company (NDX) will pay a 2015 second round dividend of VND600 per share on the record date of July 5. The company will make payments on July 15. In the first quarter of this year, NDX’s revenue fell by 20 percent from a year earlier to VND26.6 billion and its net profit was up 2.6-fold to VND2.4 billion.

* Yen Bai Forest Agricultural and Foodstuffs Company (CAP) has picked July 5 as the ex-dividend date to pay a second round dividend ofVND4,500 per share and give a share bonus at a 10:4 ratio for 20 15. Payments will be made on July 21. In the first quarter of this year, CAP saw its revenue contracting 22 percent year-on-year to VND74.5 billion and net profit rising 38 percent to VND4.7 billion. In all of 2016, the firm looks to attain VND300 billion revenue and VND 19 billion net profit, Viet Capital Securities Company reports.

* Individual investor Nguyen Minh Anh will be selling 100,000 shares of Danang Airports Services Company (MAS) to lower his holding from nearly 10 percent to 6.6 percent over one month starting from June 22.

* PetroVietnam Engineering Consultancy Company (PVE) has chosen June 27 as the ex-dividend date to pay a 2015 dividend in cash for shareholders at 10 percent. Payments will be made on July 20.

* The southernprovinceofDong Naihas attracted $1.01 billion in foreign direct investment since the beginning of this year, reaching 101 percent of the entire year’s plan.

* Vietnamese real estate firm Vingroup said it has decided to invest more than VND1.1 trillion ($49.11 million) in developing a high-quality workforce for its healthcare system Vinmec in 2016-20.


Category: Business, Vietnam

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