Stock market briefs

10-Jul-2018 Intellasia | The Saigon Times | 6:02 AM Print This Post

Everland Investment Company (EVG) will pay a dividend of VND500 per share for 2017 on the record date of July 9. The firm currently has 30 million outstanding shares. It will make the payment on July 30. Besides this, the firm will issue an estimated 10 million shares on July 9 at a 1-for-1 ratio at the selling price of VND10,000 per share. It will sell the shares between July 17 and August 2.

HCM City Viet Capital Securities Company (VCI) will issue 80,000 bonds with a face value of VND10 million and a tenor of 24 months. The issuance will be conducted in several stages in fiscal year 2018. VCI will offer the bonds to less than 100 investors via a private placement. Bondholders have the right to ask VCI to buy back the papers after seven days from the issuance date.

HCM City Doan Toi, chair and general director of Nam Viet Company (ANV), has registered to buy two million ANV shares between now and August 8. Toi holds 56.9 million shares of the seafood enterprise, equivalent to a 45.51 percent stake.

HANOI Mekophar Chemical Pharmaceutical Company (MKP) has announced plans to issue more than 3.8 million shares for existing shareholders at a ratio of 2-for-10 within this year. It will sell the shares at no lower than VND40,000 per share, raising some VND153 billion to invest in new factories and property projects in HCM City. It will issue an additional 950,000 shares for key staff with a selling price of at least VND20,000 per share.

HANOI Electrical Equipment Company has acquired nearly 1.8 million shares of Dong Anh Electrical Equipment Company (TBD) to raise its ownership from 18.6 percent to 24.9 percent. The investor is expected to spend VND138 billion on the purchase, given TBD’s share price of some VND78,000 per share.

HANOI Sai Gon Song Tien Beer and Trading Company (SST) has chosen July 19 as the record date for shareholders to receive in cash a second round dividend for 2017 at VND13,900 per share. SST will make the payment on August 3. In March, the enterprise had offered a first round cash dividend for 2017 at 100 percent.


Category: Stocks, Vietnam

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