Stock market briefs

17-Jan-2020 Intellasia | The SaigonTimes | 7:02 AM Print This Post

Hanoi Stock Exchange (HNX) has announced that the entire amount of 350 million shares of Vietnam Forestry Corporation JSC (VIF) will be listed on the northern bourse on February 3, with the reference price on the debut date at VND21,700 per share. Earlier, HNX had issued a notice saying that the firm would cancel its share transactions on the market for unlisted public companies (UPCoM) from January 17 and its last trading session on UPCoM is slated for January 16, reported Dau tu chung khoan newspaper.

HANOIJanuary 31 has been chosen as the ex-dividend date for shareholders of Vinaconex Trading and Manpower JSC (VCM) to receive a 2019 cash dividend of 20%, with the record date being February 3 and the payment date being February 28.

HCM CityDo Ngoc Quynh has officially taken up the post of acting general director at securities firm VNDirect today, January 15. Quynh, 45, has over 22 years of experience in the field of finance and banking.

HCM CityLo Hong Hiep, general director of Ocean Group JSC (OGC), purchased two million OGC shares between December 12 and January 10 via order-matching transactions. Also, OGC deputy general director Nguyen Thi Dung bought over 0.97 million OGC shares during the same period. None of them had owned OGC shares before the deals.

HCM CityThe State Securities Commission has slapped an administrative fine of VND350 million on Trung Do JSC for its failure to register transactions on the local stock market. Based in Vinh City, Nghe An Province, Trung Do chiefly specialises in developing civil, industrial, traffic, irrigation construction projects, as well as in manufacturing and selling building materials. Its charter capital is VND150 billion.

HCM CityThanh Cong Textile Garment Investment Trading JSC (TCM) estimated its turnover in the last quarter of 2019 at VND760 billion and pre-tax profit at VND54 billion, down 7.5 percent and up 170 percent over the same period in 2018, respectively.

HCM CityLe Phuoc Vu, chair of Hoa Sen Group (HSG), will buy three million HSG shares from January 17 to February 15 via order-matching and put-through deals, to spur his holding in the firm to over 52.7 million shares, or a 12.45 percent stake.


Category: Stocks, Vietnam

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