PVFCCo eyes pre-tax profit of VND2.7 trillion this year
HCMC – PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo), whose DPM shares are traded on the Hochiminh Stock Exchange, looks to obtain VND17.4 trillion in consolidated revenue and nearly VND2.7 trillion in pre-tax profit this year. This modest plan was mapped out in the context business
FPT reports high profit in 2022
HCMC – FPT Corporation, which trades its FPT shares on the Hochiminh Stock Exchange, posted over VND44 trillion in revenue and VND7.65 trillion in pre-tax profit in 2022, up 23.4% and 20.8% year-on-year, respectively. The tech firm’s domestic and global information technology (IT) services played
Tracodi to divest from affiliate
HCMC – Transport and Industry Development Investment JSC, or Tracodi, which trades its TCD shares on the Hochiminh Stock Exchange, has unveiled a plan to divest its entire 49% stake in Bang Duong E&C JSC, one of its five affiliates, one year after having poured capital into the latter. The
Vinaconex to sell majority stake in electromechanical subsidiary
HCMC – Vietnam Construction and Import-Export Joint Stock Corporation (Vinaconex) plans to sell over 90% of its shares in its wholly-owned subsidiary Vinaconex Electromechanical JSC (Vinaconex M&E). Vinaconex, whose VCG shares are traded on the Hochiminh Stock Exchange, on January 11 announced
FLC vice chair seeks to resign as HAI board member
HCMC – Bui Hai Huyen, vice chairwoman of FLC Group JSC (FLC), wants to quit as board member at HAI Agrochem JSC (HAI), citing her personal reasons, according to an HAI announcement released yesterday, January 11. Her resignation request would be processed at an upcoming general meeting of HAI, an
VNG Corporation has new chair
HCMC – VNG Corporation has announced Vo Sy Nhan is its new board chairman, with effect from January 1 this year, replacing Le Hong Minh who was earlier removed from the post. Vo Sy Nhan is among four independent board members being appointed at VNG’s 2022 extraordinary general meeting. Nhan serves
PVTrans Pacific shares to make debut on HOSE next week
HCMC – Pacific Petroleum Transportation JSC, or PVTrans Pacific, will launch its PVP shares on the Hochiminh Stock Exchange (HOSE) on January 17, according to a HOSE announcement. With its charter capital of over VND940 billion, PVTrans Pacific will have more than 94 million PVP shares listed. The
EVN Finance gets nod to double charter capital
HCMC – The State Bank of Vietnam has approved EVN Finance Joint Stock Company’s plan to raise its charter capital by a maximum of nearly VND3.55 trillion through a stock rights offering and an employee stock ownership plan (ESOP). Of the amount, more than VND3.51 trillion, equivalent to over 351
Becamex IJC to issue nearly 35 million shares to pay dividend
HCMC – Becamex Infrastructure Development JSC, which trades its IJC shares on the Hochiminh Stock Exchange, will issue some 35 million shares to pay the 2021 dividend to its shareholders. With the stock dividend payment at a ratio of 16%, shareholders will receive 16 new shares for every 100
Thang Long Group to sell 24 million TIG shares
HCMC – Thang Long Investment Group JSC, which trades its shares on the Hanoi Stock Exchange under the code TIG, will sell 24 million TIG shares to mobilize VND240 billion. Four individual investors will buy these shares at VND10,000 per share, the local media reported. Of the proceeds from the
Kinh Bac raises stake in Hung-Yen-based firm
HCMC – Kinh Bac City Development Holding Corporation, whose KBC shares are traded on the Hochiminh Stock Exchange, is expected to raise its ownership at Hung Yen Investment and Development Corporation from 60% to 80%. Kinh Bac has passed a plan on stake acquisition. Under the plan, Saigon
GAB shares under watch due to poor liquidity
HCMC – The Hochiminh Stock Exchange (HOSE) has decided to move the stock of FLC Mining Investment & Asset Management JSC (GAB) from the warning list to the list of stocks under watch, with effect from January 5, 2023. According to HOSE, GAB has seen no transactions since the end of March this