Business news in brief

Vietnam-Italy Steel Joint Stock Company (VIS) officially traded 19,220,262 additional shares on Ho Chi Minh Stock Exchange on July 9. These shares were issued to merge with Song Da Steel Joint Stock Company.

Do Van Binh, vice chairman of Song Da Urban & Industrial Zone Investment and Development Joint Stock Company (SJS), registered to buy 5 million shares from July 9 to 20 to increase his ownership ratio. After the purchase, his holdings will be at 20,373,000 shares, or 20.37 percent stake.

Hua Trung Sy, BOD member of Tay Bac Minerals Investment Joint Stock Company (KTB), registered to sell all 100,000 shares from July 11 to August 9 for personal financial need.

Vu Van Thao, chairman of Bac Giang Exploitable Mineral Joint Stock Company (BGM), registered to sell 332,000 shares from July 11 to August 11, reducing his ownership to 741,852 shares, or 4.42 percent stake, to restructure his financial status.

From July 10 to August 10, Nguyen Thi Minh Thu, sister of Nguyen Minh Khoa, standing deputy CEO of Hoa Sen Group (HSG), registered to sell 8,700 shares, cutting her holdings to 9 shares, for personal financial need.

Binh Thanh Import-Export Production and Trade Joint Stock Company (GIL) registered to use its capital surplus to buy back 15,000 shares from July 16 to August 14 at VND10,000 per share. These are shares issued under employee stock ownership plan to its former deputy CEO Nguyen Hai Son who quit his job on June 22, 2012.

Lam Thieu Quan, CEO of Innovative Technology Development Corporation (ITD), registered to sell 162,548 shares from July 10 to August 10 to solve inheritance issues. After the sale, he will own 337,554 shares, or 2.64 percent stake.

Nguyen Van Manh, a major shareholder of Khanh Hoi Import Export Joint Stock Company (KHA), failed to sell and buy 1 million shares registered to buy and sell from May 3 to July 3 due to unmatched prices, keeping his ownership at 1,058,640 shares.

From June 6 to July 5, SSI Vision Fund, a major shareholder of An Phu Irradiation Joint Stock Company (APC), registered to sell 600,000 shares but failed to do the transaction due to unmatched prices. It currently holds 11,987,210 shares, or 17.37 percent stake.

Nguyen Manh Hung, chief accountant cum IR officer of Ha Do Joint Stock Company (HDG), sold 23,000 shares out of 50,000 shares registered to sell from May 4 to July 4 due to unmatched prices, reducing his ownership to 70,030 shares.

Nguyen Thi Hong Loan, BOD member of (DHG), failed to sell 28,640 shares registered to sell between June 6 and July 5 due to unmatched prices, pinning her holdings at 62,383 shares.

SSI Vision Fund, a major shareholder of Long An Food Processing Export Joint Stock Company (LAF), sold 15,000 shares out of 883,680 shares registered to sell from June 6 to July 5 due to unmatched prices, cutting its ownership to 868,680 shares, or 5.9 percent stake.

SSI Vision Fund, a major shareholder of National Seed Joint Stock Company (NSC), failed to sell 441,380 shares registered to sell June 6 to July 5 due to unmatched prices, maintaining its holdings at 441,380 shares, or 5.35 percent stake.

SSI Vision Fund, a major shareholder of OPC Pharmaceutical Joint Stock Company (OPC), sold 498,600 shares out of 500,000 shares registered to sell, and bought 17,480 shares out of 500,000 shares registered to buy from May 4 to July 4 due to unmatched prices, sending its ownership to 887,100 shares, or 7.2 percent stake.

Bui Ngoc Quoi, CEO of Savimex Corporation (SAV) bought 10,000 shares from July 3 to 5, increasing his ownership to 17,585 shares, or 0.18 percent stake.

SSI Vision Fund, a major shareholder of Southern Seed Joint Stock Company (SSC), sold 45,000 shares out of 628,268 shares registered to sell from June 5 to July 5, reducing its ownership to 583,268 shares, or 3.94 percent stake.

SSI Vision Fund, a major shareholder of Ben Tre Aqua Product Import and Export Joint Stock Company (ABT), failed to sell 600,000 shares registered to sell from June 6 to July 5 due to unmatched prices, keeping its holdings at 1,933,840 shares, or 17.57 percent stake.

SSI Vision Fund, a major shareholder of Transforwarding Warehousing Joint Stock Corporation (TMS), failed to sell 500,000 shares registered to sell from June 6 to July 5 due to unmatched prices. The fund currently holds 1,409,077 units or 7.71 percent stake.

Luong Hoang Manh, chairman cum director of Mekong Seafood Joint Stock Company (AAM), bought 100,000 shares as registered by July 4. After the share purchase, he raised his holdings in the firm to 668,966 shares or 5.9 percent stake from 568,966 units or 5.02 percent stake earlier.

From July 6 to August 3, Duong Manh Hai, chairman of Hanoi Investment General Corporation (SHN), registered to buy 500,000 shares to increase his ownership ratio.

Le Anh Van, a major shareholder of Ben Thanh Service Joint Stock Company (BSC), registered to buy 99,838 shares from July 6 to August 2 to restructure his investment portfolio.

From July 6 to August 3, Le Thi Thuy Hang, BOD member of Petro Vietnam Engineering Consultancy Joint Stock Company (PVE), registered to sell 84,100 shares for personal need.

Mien Trung Power Investment and Development Joint Stock Company (SEB) announced to use its capital surplus and investment and development fund to buy back 1 million treasury shares from July 11 to October 10.

Bac Kan Minerals Joint Stock Company (BKC) sold 30,000 treasury shares out of 591,000 shares registered to sell from May 9 to July 4 due to unmatched prices, sending its holdings to 561,500 shares.

Minh Huu Lien Joint Stock Company (MHL) announced that Ho Ngoc The Anh as the company’s IR officer, replacing Phan Van Dung since July 1.

Tran Thanh Hai, a major shareholder of Industry and Minerals CMI Joint Stock Company (CMI), sold 95,900 shares by June 22, cutting his ownership to 292,700 shares, or 3.94 percent stake.

Pham Minh Duc, BOD member of Hai Phong Securities Joint Stock Company (HPC), sold 50,000 shares from June 29 to July 3, reducing his holdings to 50,104 shares, or 0.13 percent stake.

Lotus Mekong River Equity Fund, a major shareholder of Dai Hung Mechanic Transport Trading Joint Stock Company (DHL), bought 190,000 shares by June 29, increasing its holdings to 500,000 shares, or 9.09 percent stake, for investment.

Dao Thu Thuy, daughter of Dao Ngoc Thanh, chairman of Thanh Nam Construction and Investment Joint Stock Company (CSC), bought 100,000 shares from June 11 to July 2, raising her ownership to 176,160 shares, or 3.55 percent stake.

Construction Joint Stock Company No.1 (VC1) announced assigning of Dinh Hoang Diep as the company’s deputy CEO from July 4.

Duc Long Gia Lai Investment and Development of Public Project Service Joint Stock Company (DL1) announced July 12 as ex-date and July 16 as record date to pay dividends to its current shareholders at a ratio of 10:2.

Maybank Kim Eng Securities Pvt. Ltd, a major shareholder of Higher Educational and Vocational Book Joint Stock Company (HEV), increased its ownership to 120,800 shares or 12.08 percent stake from July 3, 2012 after buying 10,700 shares.

Le Thi Thuy Hang, BOS member of Petro Vietnam Engineering Consultancy Joint Stock Company (PVE), registered to sell 84,100 shares from July 6 to August 3 for personal financial need. She currently owns 87,700 shares or 0.35 percent stake.

Petro Vietnam-Nghe An Investment & Trading Joint Stock Company (PXA) announced Nguyen Thi Le Tram to be IR officer from July 2, replacing Phan The Trong.

Chu Danh Phuong, chief accountant cum IR officer of Song Da 909 Joint Stock Company (S99), bought none out of 30,000 shares registered to buy and sold none out of 7,000 shares registered to sell from May 10 to July 5 due to unfavorable market. He now holds 7,929 shares or 0.07 percent stake.

Vinas A Luoi Mineral Joint Stock Company (ALV) announced July 10 as ex-date and July 12 as record-date to pay dividends for 2010 and 2011 to its existing shareholders at a ratio of 15 percent.

Pham Trung Quyet, IR officer of Binh Duong PP Pack Making Joint Stock Company (HBD), bought 1,000 out of 10,000 shares registered to buy from May 2 to June 29 due to unexpected share prices. After the deal, he increased his ownership to 1,090 shares or 0.08 percent stake.

Ngo Huu Tai, chairman cum director of Ben Tre Construction Material Joint Stock Company (VXB), registered to buy 100,000 shares from June 6 to July 2 but bought only 17,800 shares due to unmatched prices, sending his holdings to 175,026 shares, or 4.32 percent stake. 

Source: VnEconomy – Translated by Thuy Doan

Other news