Business Briefs Jun 27

27-Jun-2014 Intellasia | | 3:57 PM Print This Post

* CMC Corporation (CMG)’s Board of directors (BOD) approved to transfer all 200,000 shares in Bac Ha International University, according to the Board’s resolution on June 24.

* Cotec Construction JSC. (CTD) said Ernst & Young Vietnam Co., Ltd would audit its financial statements in 2014.

* Petroleum Equipment Assembly and Metal Structure JSC. (PXS) disclosed that Deloitte Vietnam Co., Ltd would audit its financial statements in 2014.

* Pham Hong Linh, deputy CEO of PetroVietnam Gas Joint Stock Corporation (GAS) registered to sell his all 3,000 shares from July 2 to July 31 through order-matching.

* PetroVietnam Gas Joint Stock Corporation (GAS) disclosed that Deloitte Vietnam Co., Ltd would audit its financial statements in 2014.

* Can Tho Techno-Agricultural Supplying JSC. (TSC)’s outstanding shares have increased to 8,312,915 units after the firm sold all 300,000 treasury shares, the firm said in a filing posted on the HOSE’s website on June 26. Earlier, the HOSE listed firm had 8,012,915 outstanding shares.

* Tien Len Steel Corporation JSC. (TLH)’s outstanding shares have increased to 80,685,688 units after the firm sold 2,250,930 treasury shares, the firm said in a filing posted on the HOSE’s website on June 26. Earlier, the HOSE listed firm had 78,434,758 outstanding shares.

* Tien Len Steel Corporation JSC. (TLH) sold its all 2,250,930 treasury shares at VND8,170/share ob average by June 25, the firm said in a filing posted on the HOSE’s website on June 26.

*SaigonBeer Transportation JSC. (SBC) reported a consolidated net profit of VND34.8 billion in Q4/2013, up 554.9 percent from a year earlier. SBC attributed the adjustment in transportation price unit leading to soaring revenues in the quarter. However, the whole 2013 saw a loss of VND49.8 billion as the accumulative loss of VND84.6 billion in Q3/2014. The firm plans to restructure itself, cut down expenses and improve efficiency; and do better business.

* Bui Minh Tuan, independent member of the Board of directors of Transimex-Saigon Corporation (TMS) registered to buy 300,000 shares from July 1 to July 26 through order-matching or put-through. After the share purchase, Tuan aims to hold 1,825,900 TMS shares or 7.9 percent stake versus 1,525,900 units or 6.6 percent stake earlier.

* NDH Vietnam Co., Ltd, whose chair is Nguyen Duy Hung, also chair of Pan Pacific Services Company Limited (PAN) registered to buy 500,000 shares from June 30 to July 29 through order-matching or put-through. After the share purchase, NDH Vietnam Co., Ltd is aimed to hold 5,789,350 PAN shares or 14.34 percent stake versus 5,289,350 units or 13.11 percent stake currently.

* Bao Viet Holdings (BVH)’s Board of directors (BOD) appointed Nguyen Quang Phi as member of the Board in the 2012-2017 period, according to the Board’s resolution on June 25.

* Bao Viet Holdings (BVH) disclosed personnel changes as follows: The Board of directors (BOD) appointed Nguyen Quang Phi – BOD member as member of the Board in the 2012-2017 period and CEO of the holdings as from June 25. The Board decided to dismiss Duong Duc Chuyen from the post of CEO of Bao Viet Holdings. Chuyen will continue to be member of the Board of directors and director of Investment Block.

* Bao Viet Holdings (BVH)’s Board of directors (BOD) appointed Nguyen Quang Phi – BOD member as its CEO in five years as from June 25, according to the Board’s resolution on June 27.

* Hoang Duy Anh, member of the Board of directors cum CEO of Hanoi Maritime Holding Company (MHC) registered to sell 300,000 shares from June 30 to July 10 through order-matching and/or put-through. After the share sale, Anh aims to hold 200,000 shares versus 500,000 units currently.

* Pacific Property & Infrastructure Development and Investment JSC. (PPI) has dismissed Vu Van Tuan from the post of deputy CEO for his family affairs. The Board of Management now has five members including Pham Duc Tan, Dang Van Phuc, Dang Xuan Hung, Pham Duc Trung and Nguyen Ngoc Han.

*VietnamMechanisation Electrification & Construction JSC. (MCG) has signed auditing contract with Hanoi Auditing and Accounting Co., Ltd to its and An Pha Hydropower JSC.’s financial statements in 2014.

* National Seed JSC. (NSC) has sold 260,470 shares to its employees at VND10,000/share by May 26. Of the total, the firm sold 10,227 treasury shares and 250,243 new shares to its staff. The company earned VND2.6 billion from the share sale.

* Duong Quoc Chinh, BOD member cum deputy general director of CMC JSC. (CVT) registered to buy 120,000 shares from June 30 to July 25, expecting to raise his holding to 336,250 units after the deal.

* MB Investment Fund Management JSC whose director is Ngo Long Giang, BOD member of Marine Supply and Engineering Service JSC. (MAC) failed to buy 800,000 shares from May 21 to June 19, still holding 622,384 units or 9.83 percent stake after the deal.

* Nguyen Xuan Binh, member of the Board of directors of TanCang Logistics and Stevedoring JSC. (TCL) bought 4,000 shares by June 23. After the share purchase, Binh now holds 4,000 TCL shares.

* Le Thanh Dung, a member of the Board of Supervisors of International Development and Investment Corporation (IDI) sold his all 5,000 shares by June 25 through order-matching.

 


Category: Business

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