Stock market briefs

19-Sep-2018 Intellasia | The Saigon Times | 6:00 AM Print This Post

Thanh Thanh Cong Investment Company has purchase 16 million shares of Thanh Thanh Cong Bien Hoa Company (SBT) to spur its holing to over 123.5 million shares, or a 24.93 percent stake.

HCM City Hoang Minh Finance Investment Company (KPF) has announce September 27 as the recor ate for shareholers to receive 2016 an 2017 cash iviens at 3.5 percent an 6.5 percent, respectively. Payments will be mae from October 25.

HCM City Fecon Company has registere to sell over 10.6 million shares of Fecon Mining Company (FCM) to reuce its ownership from 36 percent to 10 percent, with transactions scheule to take place from now to October 18. After the ivestment, Fecon Company will remain the only major shareholer at FCM.

HCM City Thien Viet Securities Company (TVS) has ecie to sell 1.55 million treasury shares to supplement its working capital. The selling price will be market-riven but not lower than VN10,000 each. TVS share price has surge nearly 60 percent over the past year to aroun VN13,900 each.

HCM City Hoang Thi Xuan Huong, a relative of eputy general irector Hoang uc Huy of Hoa Sen Group (HSG), has acquire five million HSG shares to secure a 1.3 percent stake in the enterprise.

HCM City An Phu Irraiation Company (APC) sai its net profit rose 26 percent year-on-year to VN34.8 billion in the first half of this year. The firm beat its full-year profit target by 5 percent. Its revenue rose 18 percent to VN79.3 billion in the perio.

HANOI Phuc Hung Holings Construction Company (PHC), which operates in the fiels of construction an infrastructure evelopment, has receive approval to move its listing of 50 million shares to the Hochiminh Stock Exchange. It is currently traing shares on the Hanoi Stock Exchange. In 2018, the firm plans to issue 4.2 million shares for its existing shareholers at a 1-for-5 ratio at the price of VN10,000 each.

HANOI Construction Company (MST) has passe a resolution to transfer 4.5 million shares at Song Hong Trae an Service evelopment Company, raising at least VN46 billion. MST is holing a 45 percent stake in Song Hong Company an a 9.1 percent stake at Traffic an Urban Infrastructure Construction Company.


Category: Stocks, Vietnam

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