Business news in brief

From May 7 to August 3, Saigon Petro, a major shareholder of Materials - Petroleum Joint Stock Company (COM), registered to buy 500,000 shares, increasing its ownership to 425,200 shares, or 30.9 percent stake, to raise ownership ratio.

Hoang Thi Ngoc Lan, BOD member cum deputy director and IR officer of Duyen Hai Multi Modal Transport Joint Stock Company (TCO) registered to buy 10,000 shares, raising her holdings to 21,500 shares from July 6 to August 3, or 0.17 percent stake, to increase ownership ratio.

From July 4 to August 8, Nguyen Ngoc Anh, chairman cum CEO of SMC Investment Trading Joint Stock Company (SMC), registered to buy 400,000 shares, sending his holdings to 5,008,243 shares, or 16.97 percent stake, to increase his ownership ratio.

House Vietnam Joint Stock Company (NVN) announced July 11 as ex-date and July 13 as record date for seeking its shareholders’ approval in writing, for borrowing VND80 billion from Quach Thu Thanh, sister of a BOD member of NVN.

Societe De Bourbon Tay Ninh Joint Stock Company (SBT) announced that the time for seeking approval for exporting and importing sugarcane and sugar; producing and trading alcohol and supplementary products; trading in real estate, hiring apartments, offices and houses; and investing in finance, from its shareholders will be from July 8 to 25 this year instead of from June 11 to 30.

Nguyen Thi Thu Ha, sister of Nguyen Thu Hien, BOS member of Masan Group Corporation (MSN), sold all 114,900 shares on June 28 to restructure her finances.

SSI Vision Fund, a major shareholder of Binh Thanh Import Export Production and Trade Joint Stock Company (GIL), sold all 20,850 shares from June 1 to 30.

Dream House Investment Corporation (DRH) sold 1,176,000 shares on June 27, cutting its holdings to 288,850 shares.

VIAC (NO.1) LIMITED PARTNERSHIP, a major shareholder of Vinh Son - Song Hinh Hydropower Joint Stock Company (VSH) bought 2,221,580 shares by June 27 for investment. After the purchase, the company now holds 17,248,870 shares or 8.53 percent stake compared to 15,027,290 units or 7.43 percent stake earlier.

Saigon Infrastructure Real Estate Investment Joint Stock Company (SII) whose Chairman is Le Quoc Binh, CEO of Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII), sold 2,570,980 shares out of 5,070,980 units registered to sell by July 2. After the sale, SII cut its holdings in the firm to 2.5 million shares or 3.32 percent stake from more than 5.07 million units or 6.75 percent stake earlier.

Le Thi Nam, chief supervisor of OPC Pharmaceutical Joint Stock Company (OPC), failed to sell 45,000 shares as registered from April 27 to July 27 for her family expenses due to unmatched prices. She currently holds 105,00 shares.

Huu Lien Asia Corporation (HLA) announced purchase of 3,000 ESOP shares for treasury from Nguyen Thi Bich Le and Nguyen Ngoc Niem who quit their jobs in the company.

Pha Lai Thermal Power Joint Stock Company (PPC) announced Nguyen Van Thuy, manager of Operating Division 1, as the firm’s deputy CEO for 5 years starting July 1.

Khang Dien House Trading and Investment Joint Stock Company (KDH) announced its dismissal of Nguyen Minh Hai from deputy CEO post from July 2.

Hanoi Stock Exchange officially put Bac Viet Steel Joint Stock Company (BVG) into warning status from July 3 as the company pre-tax profit in its consolidated financial statement in 2011 was minus VND26,403,081,218 after excluding VND27,456,730,000 which is the margin of 2 million shares that the company transferred to Nguyen Van Mung because the amount of money did not meet requirements to be posted as revenue in 2011.

Hanoi Stock Exchange allowed Vinacomin - Ha Tu Coal Joint Stock Company (THT) to list 4,549,738 additional shares issued to give bonus shares to its current shareholders under the annual general meeting resolution on April 2, 2012.

Pham Anh Duc, deputy CEO of PVI Holdings (PVI), sold 10,000 shares out of 36,523 shares registered to sell from April 16 to June 14, cutting his holdings to 25,523 shares, or 0.01 percent stake. From July 3 to August 2, he registered to sell all 26,523 shares to restructure his investment portfolio.

From July 5 to August 3, Le Quoc Minh, brother of Le Tung Son, BOD member of Vinh Phuc Infrastructure Development Joint Stock Company (IDV), registered to sell 10,000 shares to restructure his investment portfolio.

From July 3 to 24, Vu Van Thuy, husband of Bui Thi Thuy, BOD member of Tia Sang Battery Joint Stock Company (TSB), registered to buy 3,000 shares to increase his ownership ratio.

On July 2, Nguyen Van Minh, head of BOS of Viet Dragon Securities Corporation (VDS), bought 5,000 shares out of 10,000 shares due to unmatched prices. He now owns 5,000 shares, or 0.01 percent stake.

MayBank Kim Eng Securities Pvt. Ltd, major shareholder of West Coach Station Joint Stock Company (WCS), bought 19,500 out of 75,000 shares registered to buy from April 9 to June 6, increasing its ownership to 151,100 shares or 6.04 percent stake.

From April 24 to May 24, Nguyen Huu Tien, brother of Nguyen Huu Dung, BOD member of Global Electrical Technology Joint Stock Corporation (GLT), sold 2,400 shares out of 10,000 shares registered to sell due to unmatched prices, reducing his ownership to 78,735 shares, or 0.85 percent stake. He registered to sell 15,000 shares from July 2 to August 1 for personal financial need.

Duong Thi Ha, BOD member of Hung Dao Container Joint Stock Corporation (HDO), sold none out of 10,000 shares registered to sell from April 26 to June 26, keeping her ownership at 45,367 shares or 0.49 percent stake.

Nguyen Thi Huong Giang, wife of Nguyen Khac Giang, deputy CEO of Real Estate 11 Joint Stock Company (D11), sold 8,800 shares out of 12,320 shares registered to sell from April 26 to June 22, reducing her ownership to 3,520 shares, or 0.1 percent stake.

From June 15 to 25, Duong Tuyet Linh, wife of Le Quang Thang, BOS member of Petro Vietnam Engineering Consultancy Joint Stock Company (PVE), sold all 887 shares.

Le Quang Thang, BOS member of Petro Vietnam Engineering Consultancy Joint Stock Company (PVE), sold 5,200 out of 5,275 shares registered to sell from June 15 to 25, cutting his ownership to 3,775 shares, or 0.02 percent stake.

APEC Investment Joint Stock Company (API) announced on July 2 that it had appointed Dao Xuan Duc to be chief accountant from June 21, replacing Nguyen Van Hieu.

Doan Trung Ha, BOD member of Produce and Trading Metal Joint Stock Company (KKC), bought none out of 200,000 shares registered to buy from April 25 to June 22, keeping his ownership at 671,200 shares or 14.3 percent stake.

Gypsum and Cement Joint Stock Company (TXM) appointed Nguyen Tri Thanh, director of its Quang Tri subsidiary, and Le Van Vinh as vice director from July 1.

Vietnam - Italy Steel Joint Stock Company (VIS) was reminded of late information disclosure of the firm’s business registration certificate change for the 11th time on July 3.

Petro Vietnam Low Pressure Gas Distribution Joint Stock Company (PGD) was reminded of late revised business registration certificate disclosure for the 6th time on July 3.

Bac Giang Exploitable Mineral Joint Stock Company (BGM) on July 3 was reminded of its late information disclosure on appointing additional members on its Board of Directors.

Nguyen Ngoc Que Chi, wife of Nguyen Tat Chien, deputy CEO of S.P.M Corporation (SPM), registered to sell all 10,000 shares from July 6 to August 6 for personal financial need.

From July 5 to August 5, Vietnam Dairy Products Joint Stock Company (VNM) registered to buy back 1,630 treasury shares, using its surplus capital and undistributed profit.

An Giang Tourist Joint Stock Company, a major shareholder of Viet An Joint Stock Company or Anvifish (AVF), registered to sell all its 1,016,000 shares from July 10 to Aug 10, to restructure its investment portfolio.

Lotus-Mekong River Equity Fund, a major shareholder of Son Ha International Corporation (SHI), sold 13,910 shares out of 14,000 units registered to sell from June 20 to 29 due to unmatched prices, cutting its holdings to 60,684 shares, or 0.23 percent stake.

Grande Indigo Global Ltd., whose director is Pang Tze Wei, BOD member of Interfood Shareholding Company (IFS) has become a major shareholder of IFS after buying 1,938,327 IFS shares or 6.65 percent stake by July 2.

Indochina Beverage Assets Ltd. was no longer a major shareholder of Interfood Shareholding Company (IFS) after selling all its 1.938,327 shares or 6.65 percent stake as registered by July 2.

Nguyen Thi Hai Yen, wife of Hoang Quang Viet, BOD member of Hoa Phat Group Joint Stock Company (HPG), failed to sell all her 34,650 shares registered to sell by July 2 due to unmatched prices. She currently holds 34,650 shares or 0.01 percent stake.

Bui Nguyen Phuong Chau, IR Officer of FPT Corporation (FPT), sold 11,000 shares registered to sell by June 26, reducing her ownership to 8,810 shares.

Red River Holding, whose representative is Jean-Charles Belliol, BOD member of FPT Corporation (FPT), failed to buy 1 million shares by June 29 due to an unfavorable stock market. It registered to buy 1 million shares from July 9 to August 9 for short term investment. After the purchase, the company is expected to hold 12,890,863 shares or 5.97 percent stake compared to 11,890,863 units or 5.51 percent stake in FPT.

Vinacomin - Nui Beo Coal Joint Stock Company (NBC) announced July 6 as ex-date and July 10 as record-date to give bonus shares to its existing shareholders at a ratio of 3:2.

Ha Do Joint Stock Company (HDG) announced July 18 as ex-date and July 20 as record date for giving bonus shares to its existing shareholders at a ratio of 4:1. The firm planned to issue 10,124,987 bonus shares.

Telecommunications Industry Electronics Joint Stock Company (TIE) announced July 12 as ex-date and July 16 as record date for seeking its shareholders’ approval to add more business lines into its business registration certificate and charter.

Nguyen Saigon Company whose chairman is Nguyen Manh Hung, BOD member of Pan Pacific Corporation (PAN), bought 390,150 shares out of 400,000 units registered to buy by June 29 due to unmatched prices. After the purchase, the company holds 969,200 shares or 8.39 percent stake.

Nguyen Thi Thanh Van, BOS member of Ho Chi Minh City Securities Corporation (HCM), left her post on July 2.

Nguyen Thanh Phuong, son of Nguyen Van Thanh, CEO of Ben Thanh Rubber JSC. (BRC), failed to sell all his  71,020 BRC shares or 0.86 percent stake by June 29 due to unmatched prices.

Vietnam Securities Investment Fund (VFMVF1) reported that its net asset value slipped 2.7 percent to VND15,344 per unit on June 28, from VND15,771 per unit on June 21.

Vietnam Blue-chips Fund (VFMVF4) reported that its net asset value fell 2.8 percent to VND6,606 per unit on June 28, from VND6,793 per unit on June 21.

Vietnam Active Fund (VFMVFA) reported that its net asset value decreased by 0.47 percent to VND7,200 per unit on June 28, from VND7,234 per unit on June 21.

Prudential Balanced Fund (PRUBF1) reported that its net asset value fell 2.3 percent to VND9,247 per unit on June 28, from VND9,469 per unit on June 21.

ACB Growth Investment Fund (ASIAGF) reported that its net asset value rose 0.25 percent to VND11,447 per unit on June 28, from VND11,419 per unit on June 21.

Manulife Progressive Fund (MAFPF1) reported that its net asset value fell 2.4 percent to VND6,769 per unit on June 28, from VND6,936 per unit on June 21.

Petro Vietnam Finance Joint Stock Corporation (PVF) which is related to Pham Truong Giang, member of Fund Representative Board of Prudential Balanced Fund (PRUBF1) registered to sell all its 1.8 million fund certificates from July 9 to Aug 9 to restructure portfolio.

Ngo Van Dung, deputy CEO of Vietnam Construction Joint Stock Company No.12 (V12) has registered to buy 10,000 shares from July 4 to 30 for investment. He now owns 92,175 shares or 1.58 percent stake.

Dao Thi Bich Khanh, BOS member of Wall Street Securities Joint Stock Company (WSS), registered to sell 30,000 shares from July 5 to August 3 for her financial need. She currently holds 35,000 shares, or 0.07 percent stake.

Doan Van Phuong, BOD member of FLC Group Joint Stock Company (FLC), registered to buy 80,000 shares from July 4 to August 3 to increase his ownership and for investment. He currently holds 350,400 shares, or 0.45 percent stake.

Le Dinh Vinh, vice chairman of FLC Group Joint Stock Company (FLC), registered to buy 1 mil shares from July 4 to August 3 to increase his ownership and for investment. He now owns 100,000 shares, or 0.13 percent stake.

La The Nhan, BOD member of Tan Binh Culture Joint Stock Company (ALT), bought 11,500 out of 50,000 shares registered to buy from April 23 to June 22 due to unmatched orders, increasing his ownership to 253,474 shares or 5.15 percent stake.

Source: VnEconomy – Translated by Thuy Doan

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