Business Briefs November 10

10-Nov-2016 Intellasia | | 1:30 PM Print This Post

* Duc Long Gia Lai Group Company (DLG) plans to issue 199.19 million shares in a private placement for shareholders at a 1:0.9 ratio at VND 1 0,000 each. DLG attained revenue of VND1.8 trillion in the January-September period, a 50 percent pickup from a year earlier, and net profit of VND60.9 billion, up 20 percent.

* Phu Nhuan Jewellery Company (PNJ) has announced November 23 as the ex-dividend date to pay a 2016 first round dividend in cash for shareholders at 10 percent. Payments will be made on January 5, 2017.

* Transimex Company has registered to sell 693,830 shares in Hai An Transport & Stevedoring Company (HAH) to reduce its holding from 22.8 percent to 19.7 percent over one month starting from November 10.

* Nguyen Ngoc Quyet, deputy general director of Vietnam – Italy Steel Company (VIS), will offload 2.45 million VIS shares to cut his ownership to 2.5 million shares (5 percent) between November 10 and 15..

* Tran Thi Van Loan, chairwoman of Cuu Long Fish Company (ACL), has registered to buy 2.1 million ACL shares to increase her holding to 11.3 million shares (49.9 percent) from November 8 to December 7.

* Realty developer C.E.O Investment Company said its revenue jumped 165 percent year- on-year to VND915.4 billion in the first nine months of this year and its net profit soared 32 percent to VND99.6 billion. Its inventory had fallen 21  percent from the end of 2015 to VND601.3 billion as of September 30, Viet Capital Securities Company reports.

* Song Da Mechanical – Assembling Company (MEC) has issued 618,620 shares to pay a dividend for shareholders, sending its total outstanding volume rising to 8.3 million shares. The new shares will be tradable on November 11.

* Nguyen Minh Nguyet, general director of food producer Trang Corporation (TFC), has registered to buy one million TFC shares to revise up her stake by 5.9 percentage points to 16.7 percent in one month starting from November 9.

* Power Engineering Consulting Company 4 (TV4) said it would pay a 2015 final round dividend in cash for shareholders at 7 percent on the record date of November 16. Payments are slated for November 30.


Category: Business, Vietnam

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