DIG to issue 100 million shares
HCMC – Development Investment Construction JSC, whose shares are traded on the Hochiminh Stock Exchange under the code DIG, will issue 100 million shares to its existing shareholders. The share issue will be conducted in the first quarter next year, at the price of VND15,000 per share, the local
Bank stock prices and earnings in opposite directions
Although their business performance has remained impressive, bank stock prices have plummeted on the stock market. The stock market has turned bearish and the banking system has been struggling with unfavorable market conditions. Impressive profit growth The Q3 earnings season is almost over, with
Banks’ optimistic quarterly growth
Bank stocks continue to lag despite lenders posting positive profit growth. A bright picture The National Citizen Commercial Joint Stock Bank (NCB) reported a before-tax loss of VND199 billion in the third quarter, while it earned VND80 billion in the same period last year. The loss resulted from
SGT to sell 74 million shares to current shareholders
HCMC – Saigon Telecommunication and Technologies Corporation, whose shares are traded on the Hochiminh Stock Exchange under the code SGT, has passed a plan to sell a maximum of 74 million shares to its existing shareholders to raise its charter capital. For each share held, shareholders can buy