Business news in brief

From September 6 to October 6, Phan Thanh Tu, brother of Phan Chien Thang, chairman cum CEO of Electronics Communications Technology Investment Development Corporation (ELC), registered to sell 190,000 shares for personal financial need. After the share sale, he will cut his holdings to 324,606 shares, or 0.89 percent stake.

Le Thi Diu Minh, daughter of Le Van Quang, chairman cum CEO, and Chu Thi Binh, vice chairwoman cum deputy CEO of Minh Phu Seafood Corporation (MPC), registered to sell 3,445,000 shares from September 7 to October 7, cutting her ownership to 3,155,000 shares, or 4.5 percent stake, for personal financial need.

Between September 6 and October 4, Nguyen Thi Hiet, head of the Board of Supervisors of Duyen Hai Multi Modal Transport Joint Stock Company (TCO), registered to buy 25,000 shares, to raise her ownership to 500,000 shares, or 0.4 percent stake.

SEAPRODEX Vietnam, a major shareholder of Seafood Joint Stock Company No.4 (TS4), registered to buy 500,000 shares from September 6 to 24 to increase its ownership to 2,255,000 shares, or 19.6 percent stake.

From September 7 to October 7, Le Thi Thu Thuy, BOS member of Southern Rubber Industry Joint Stock Company (CSM), registered to sell 6,000 shares, cutting her holdings to 599 shares for personal financial need.

From September 6 to October 6, Nguyen Thi Thanh Thien Kim Loan, sister of Nguyen Song Thao, deputy CEO of Southern Rubber Industry Joint Stock Company (CSM), registered to sell all 3,830 shares for personal financial need.

Viet Capital Securities Investment Fund, whose research director is Cung Tran Viet, BOD member of Seaprodex Refrigeration Industry Corporation (SRF), sold 70,010 shares out of 600,000 shares registered to sell from August 1 to 31 due to unmatched prices. From September 6 to October 6, the fund registered to sell all 1,290,870 shares, or 17.43 percent stake, to restructure its investment portfolio.

Cao Luong Ngoc, son of Cao Tan Khuong, vice chairman of Lu Gia Mechanical Electric Joint Stock Company (LGC), sold 18,330 shares out of 26,010 shares registered to sell from May 31 to July 31 due to unmatched prices. He registered to sell all 7,680 shares, or 0.09 percent stake, for personal financial need.

Pham Thi Mai Duyen, vice chairwoman of Sieu Thanh Joint Stock Company (ST8), sold 2,710 shares out of 90,000 shares registered to sell from July 25 to August 28 due to unmatched prices. From September 6 to October 5, she registered to buy 50,000 shares to increase her ownership to 3,912,728 shares.

From September 7 to October 6, Dang Quang Hanh, brother of Dang Thi Hoang Yen, chairwoman of Tan Tao Investment Industry Corporation (ITA), registered to sell 1 million shares, cutting his ownership to 2,000,303 shares, or 0.45 percent stake, for personal financial need.

Nguyen Thanh Dung, daughter of Nguyen Thanh Nghia, chairman of Dai Thien Loc Corporation (DTL), registered to sell 620,000 shares from September 7 to October 7, cutting her ownership to 2,298,811 shares or 4.9 percent stake.

From September 7 to October 6, Hoang Manh Thang, BOD member of Da Nang Rubber Joint Stock Company (DRC), registered to sell 125,000 shares, reducing his holdings to 25,000 shares, for personal expenses.

Dinh Ngoc Dam, BOD member of Da Nang Rubber Joint Stock Company (DRC), sold 5,000 shares out of 160,000 shares registered to sell from August 8 to September 9 because of unexpected price movement. From September 7 to October 6, he registered to sell 155,000 shares, cutting his ownership to 520,911 shares, or 0.75 percent stake, for family affair.

Ho Chi Minh City Infrastructure Investment JSC (CII), whose stake representative is Le Quoc Binh, chairman of Lu Gia Mechanical Electric Joint Stock Company (LGC), bought 1,100,480 shares out of 2,866,000 shares registered to buy by September 3 due to low liquidity, sending its holdings to 4,860,273 shares, or 58.67 percent stake. From September 7 to October 7, the company registered to buy 1,765,000 shares to raise its ownership to 79.98 percent stake.

From August 27 to 31, Hoang Thi Ngoc Lan, BOD member of Duyen Hai Multi Modal Transport Joint Stock Company (TCO), bought 30,000 shares, raising her holdings to 51,500 shares, or 0.4 percent stake.

On August 31, Lotus Mekong River Equity Fund, a major shareholder of FECON Foundation Engineering and Underground Construction Joint Stock Company (FCN), bought 143,860, increasing its holdings to 863,860 shares, or 6.26 percent stake, for investment.

Source: VnEconomy – Translated by Thuy Doan

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