Stock market briefs

15-Jun-2019 Intellasia | The Saigon Times | 6:00 AM Print This Post

The board of directors of Hung Vuong Joint Stock Corporation (HVG) has decided to sell its entire 90 percent stake in Hung Vuong Ben Tre Seafood Processing Co., Ltd and part of its stake in An Giang Fisheries Import & Export Co. (AGF) to cut its holding in the firm to 50 percent. HVG now holds over 22.3 million AGF shares, 79.58 percent of the total.

HCM City FLC Faros Construction Joint Stock Company (ROS) looks to generate revenue of VND4 trillion, pre-tax profit of VND400 billion and after-tax profit of VND320 billion this year.

HANOI Thang Long Investment Group JSC (TIG) has passed a plan to contribute VND246 billion to the establishment of Thang Long Wind Power JSC Huong Son 1, 60 percent of the new firm’s charter capital. TIG will also contribute VND180 billion, or a 60 percent stake, to setting up Thang Long Wind Power JSC Huong Son 2. The capital contributions are slated for this year.

HCM City Thu Duc Housing Development Corporation (TDH) will pay a 2018 cash dividend of 10 percent, or VND1,000 per share, on July 26. The record date is June 27 and the ex-dividend date is June 26. The firm will also issue shares at a ratio of 100:15 for existing shareholders to raise its charter capital.

HCM City The Hochiminh Stock Exchange (HOSE) has decided to suspend Hoang Long Group (HLG) from trading shares on the exchange from June 19 as HLG repeatedly violated regulations on information disclosure after it had previously been placed on the surveillance list.

HCM City Southern Fertiliser JSC (SFG) has announced June 26 as the ex-dividend date to pay a 2018 second round cash dividend of 4 percent. The payment is expected to start from July 10.

HCM City Hoang Ha Investment Production and Development Co., Ltd, a major shareholder of Son Ha International JSC (SHI), has registered to buy over 2.67 million SHI shares from June 19 to July 18. The purchase will raise its holding in SHI to over 8.36 million shares, or a 9.8 percent stake.

HCM City Dong Hai Ben Tre Company (DHC) will issue over 8.95 million shares to pay a 2018 dividend of 20 percent.


Category: Stocks, Vietnam

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