Vinamilk to pay 14% cash dividend
HCMC – Vietnam Dairy Products Joint Stock Company (Vinamilk), whose VNM shares are traded on the Hochiminh Stock Exchange, will make its second dividend payment this year, with December 23 set as the record date. The dairy processing company will pay a cash dividend of 14% to its existing
F&N Dairy Investment to increase stake in Vinamilk
HCMC – Singapore-based F&N Dairy Investment, a large shareholder of Vietnam’s leading dairy firm Vinamilk (VNM), has registered to buy nearly 20.9 million VNM shares from December 6 to January 4. Once the transactions are completed, the Singaporean firm would raise its ownership in Vinamilk
BAF Vietnam to acquire majority stake in livestock company
HCMC – BAF Vietnam Agriculture Joint Stock Company (BAF) will acquire 717,282 shares, or a 99.9% stake, in Kim Hoi Livestock Manufacturing and Trading Joint Stock Company. The BAF management board has passed a resolution on the stake acquisition, assigning BAF general director to take charge of
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
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