Agriseco general director steps down
HCMC – Agribank Securities Corporation (Agriseco), whose AGR shares are traded on the Hochiminh Stock Exchange (HOSE), has released Dinh Ngoc Phuong from his post of general director at the firm, with effect from yesterday, November 29. The company picked AGR deputy general director Le Son Tung as
DZM shares face trading suspension
HCMC – The Hanoi Stock Exchange (HNX) has decided to suspend Dzi An Mechanoelectric Joint Stock Company from trading its DZM shares over information disclosure violations, with effect from December 5. According to HNX, the company missed the deadlines for releasing its consolidated financial
KSB to issue over 38 million shares
HCMC – Binh Duong Mineral and Construction Joint Stock Company (KSB) will issue over 38 million KSB shares to its existing shareholders at VND16,000 each, and expects to gain over VND610 billion from the share issue. The company has passed the share placement plan, and the shares will be issued
NovaGroup to offload 150 million NVL shares
HCMC – NovaGroup has registered to sell 150 million NVL shares to raise funds to tackle issues related to its bonds and its restructuring plan. NovaGroup, the largest shareholder of No Va Land Investment Group Corporation (Novaland), which trades its NVL shares on the Hochiminh Stock Exchange,
VIP earns VND220 billion from oil tanker auction
HCMC – Vietnam Petroleum Transport JSC, which trades its VIP shares on the Hochiminh Stock Exchange, has sold its Petrolimex 10 oil tanker at an auction, earning VND220.1 billion, VND500 million higher than the reserve price. The winning price excludes fees and taxes. Viet My Petrol Transportation
911 Group to make debut on HOSE next week
HCMC – 911 Group JSC will start trading its shares on the Hochiminh Stock Exchange (HOSE) under the code NO1 on November 28. Some 24 million NO1 shares will be traded at the reference price of VND10,000 per share, according to the HCMC exchange. In its 2021 fiscal report, the firm posted VND539.5
TLH to issue over 10.2 million shares to pay dividend
HCMC – Tien Len Steel Group JSC, whose shares are traded on the Hochiminh Stock Exchange under stock code TLH, will issue more than 10.2 million shares to pay the 2021 dividend. With the stock dividend payment at a ratio of 10%, each shareholder will receive 10 new shares for every 100 shares
PVChem to spend VND125 billion setting up subsidiary
HCMC – PetroVietNam Chemical and Services Joint Stock Corporation, or PVChem, has passed a plan to establish PVChem-CS with total chartered capital of VND125 billion. PVChem, which trades its PVC shares on the Hanoi Stock Exchange, will hold a 100% stake in PVChem-CS. Its subsidiary will
Thu Dau Mot Water to make capital contribution to water services firm
HCMC – Thu Dau Mot Water Joint Stock Company, which trades its TDM shares on the Hochiminh Stock Exchange, has passed a plan to spend VND12 billion purchasing 1.2 million shares of Gia Tan-Cam My Water Company, or acquiring a 20% stake in the latter. Gia Tan-Cam My Water Company was established on
CC4 fined for tax rule violation
HCMC – The Hanoi Tax Department has fined Investment and Construction Joint Stock Company No. 4, whose CC4 shares are traded on the Unlisted Public Company Market (UPCoM), for violation of tax rules. The company was slapped with an administrative fine of over VND194 million for a false tax filing
An Phat Holdings eyes higher stake in bioplastics subsidiary
HCMC – An Phat Holdings Joint Stock Company (APH) has registered to buy two million AAA shares of its subsidiary An Phat Bioplastics Joint Stock Company (AAA) from November 21 to December 20 this year to increase its ownership in the latter. APH now holds nearly 199.8 million AAA shares, or a
Vocarimex to divest from Calofic
HCMC – Vietnam Vegetable Oils Industry Corporation (Vocarimex) has announced a plan to divest from Calofic Corporation, a cooking oil joint venture between Vocarimex and Singapore’s Wilmar International Limited. The Vocarimex management board decided to restructure its investment in Calofic and