Business news in brief

On September 12, 40 million shares of Saigon Infrastructure Real Estate Investment Joint Stock Company (SII) officially traded on the Ho Chi Minh Stock Exchange at a reference price of VND12,500 with a range of prices at 20 percent of reference price.

From September 20 to December 19, Dong Phu Rubber Joint Stock Company (DPR) registered to buy back 1 million treasury shares, using equity surplus by June 30, 2012.

Le Thi Hoa, mother of Tran Binh Long, BOD member of Vietnam Land Investment Corporation (VNI), bought 25,930 shares out of 50,000 shares registered to buy for investment, increasing her holdings to 125,893 shares, from 99,963 units earlier. From September 17 to October 16, she registered to buy 25,000 shares for investment.

On September 6, Route One Investment Company, a major shareholder of Phu Nhuan Jewelry Joint Stock Company (PNJ), bought 3,655,010 shares, or 6.09 percent stake.

Viet Capital Securities Investment Fund, whose CEO is Nguyen Khanh Linh, BOD member of Ngo Han Joint Stock Company (NHW), sold all 2,272,339 shares or 9.9 percent stake to restructure its investment portfolio from August 31 to September 10.

NDH Vietnam Ltd, a major shareholder of Pan Pacific Corporation (PAN) bought 119,960 shares from August 24 to September 6 this year. After the share purchase, the company now holds 1,160,700 shares or 10.23 percent stake, from 1,040,740 shares or 9.17 percent stake earlier.

Cotec Anpha Construction Technology JSC, whose chairman is Nguyen The Thanh, vice chairman of Cotec Investment and Land-House Development (CLG), bought 780 shares out of 500,000 shares registered to buy from July 23 to August 23 due to unexpected share prices, raising holdings to 102,070 shares from 101,290 shares, or 1.0129 percent stake.

Le Thi Diu Minh, daughter of Le Van Quang, chairman cum CEO of Minh Phu Seafood Corporation (MPC), sold 3,445,000 shares as registered from September 7 to 10 for personal financial need, cutting her holdings to 3,155,000 shares, or 4.5 percent stake.

Mirae Fiber Tech Co., Ltd, whose legal representative is Shin Young Sik, chairman of Mirae Joint Stock Company (KMR), registered to buy 284,533 shares from September 14 to 24 to raise ownership to 5,000,008 shares or 14.54 percent stake in the firm, from 4,715,475 shares or 13.71 percent stake currently.

Bui Dinh Qui, BOD member of Hanoi Maritime Holding Company (MHC), bought 15,990 shares out of 1 million shares registered to buy on August 8, raising his holdings in the firm to 1,906,260 shares or 14.063 percent stake from 1,890,270 units or 13.945 percent stake earlier. From September 14 to October 14, he registered to buy 500,000 shares.

ACB Growth Investment Fund (ASIAGF) reported that its net asset value climbed 0.21 percent to VND11,708 per unit on September 6 from VND11,683 per unit on August 30.

Prudential Balanced Fund (PRUBF1) reported that its net asset value decreased 0.7 percent to VND9,030 per unit on September 6 from VND9,094 per unit on August 30.

Vietnam Blue-chip Fund (VFMVF4) reported that its net asset value decreased 0.7 percent to VND6,309 per unit on September 6 from VND6,354 per unit on August 30.

Vietnam Active Fund (VFMVFA) reported that its net asset value fell 0.14 percent to VND6,911 per unit on September 6 from VND6,921 per unit on August 30.

Nguyen Thi Nguyet Khanh, sister of Nguyen Duc Luan, BOS member of Mien Dong Joint Stock Company (MDG), bought 1,500 shares on August 28 without disclosing information about her transaction.

Doan Thi My Linh, wife of Pham Ngoc Hiep, BOS member of Viet-Han Investment and Production Joint Stock Company (VHG), bought 6,900 shares from August 13 to 22 without disclosing information about her transaction.

Source: VnEconomy – Translated by Thuy Doan

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