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
Dragon Capital holds higher stake in FPT Retail
HCMC – Dragon Capital has increased its ownership in FPT Digital Retail Joint Stock Company from 4.98% to 5.23%. CTBC Vietnam Equity Fund, a member of Dragon Capital, on November 9 purchased 300,000 FRT shares. The share acquisition made Dragon Capital a large shareholder of FPT Retail, a
PTB cancels share issue plan
HCMC – Phu Tai JSC, which trades its shares on the Hochiminh Stock Exchange under stock code PTB, has decided to shelve its share issue for its existing shareholders and the employee stock ownership plan. The cancellation is aimed at ensuring the interests of shareholders amid stock market
KBC chairman to buy 50 million shares
HCMC – Dang Thanh Tam, chairman of Kinh Bac City Development Holding Corporation, whose KBC shares are traded on the Hochiminh Stock Exchange, has registered to buy 50 million KBC shares to raise his stake in the firm. The transaction will be conducted from November 15 to December 14. Tam will
KBC gets nod to expand Quang Chau IP
HCMC – Saigon-Bac Giang Industrial Park JSC, a subsidiary of Kinh Bac City Development Holding Corporation (stock code KBC on the Hochiminh Stock Exchange), has got approval to expand the Quang Chau industrial park. Under the decision signed by the prime minister on November 4, the industrial park
FPT Retail to raise stake in Long Chau drugstore chain
HCMC – FPT Digital Retail JSC, which trades its FRT shares on the Hochiminh Stock Exchange, has passed a plan to pour an additional VND225 billion into its affiliate FPT Long Chau Pharma JSC to raise its ownership in the latter. After the capital contribution, FPT Retail will raise its stake in
Ha Do’s major shareholder sells nearly one million shares
HCMC – Nguyen Phuong Dong, a major shareholder of Ha Do Group JSC, which trades its HDG shares on the Hochiminh Stock Exchange, has sold 930,000 HDG shares. The share sale sent Dong’s ownership in the real estate company falling to 16.2 million shares, or a 6.62% stake. In mid-September, Viet
Angimex to shelve share sale plans
HCMC – An Giang Import-Export Company (Angimex), whose AGM shares are traded on the Hochiminh Stock Exchange (HOSE), will get feedback from its shareholders on the suspension of share sale plans at its second extraordinary general meeting. These share issue plans were passed at the company’s
VPBankS looks to raise charter capital to VND15 trillion
HCMC – VPB Securities Corporation (VPBankS) plans to issue 608 million shares to its existing shareholders. VPBankS will start the share sale from the final quarter of 2022 to the first quarter of 2023 after the State Securities Commission of Vietnam approves the plan. The brokerage is expected to
An Gia to buy back VND300b worth of bonds before maturity
HCMC – An Gia Real Estate Investment and Development Corporation, whose AGG shares are traded on the Hochiminh Stock Exchange, has passed a plan to buy back VND300 billion worth of bonds in the lot AGGH2122001 before maturity. The bond buyback is scheduled for the final quarter of this year. An
Dragon Capital no longer major shareholder of Gelex
HCMC – Fund management firm Dragon Capital is no longer a major shareholder of Gelex Group Joint Stock Company (GEX) after it sold an additional 379,000 GEX shares on October 21 to cut its ownership in Gelex from 5.03% to 4.98%. Dragon Capital sold 5.4 million GEX shares on October 7. Meanwhile,