Business news in brief

Ha Hai Yen, daughter of Ha The Phuong, BOD member of Fecon Foundation Engineering and Underground Construction JSC (FCN), registered to buy 5,000 shares, or 0.0036 percent stake from September 18 to October 18 for personal financial investment.

Nguyen Quang Minh, BOD member cum deputy CEO of Vietnam Ocean Shipping Joint Stock Company (VOS), registered to buy 100,000 shares from September 18 to October 18 to restructure his investment portfolio.

Ha Viet Investment JSC, member of the Fund Representative Board of Manulife Progressive Fund (MAFPF1), sold 200,000 fund certificates as registered to restructure its investment portfolio from August 24 to September 12. After the share trading, Ha Viet Investment JSC now holds 165,950 fund certificates or 0.78 percent stake from 365,950 units or 1.71 percent stake earlier. From September 18 to October 18, the company registered to sell its all 165,950 fund certificates to restructure its investment portfolio.

Taniservice JSC, whose chairman is Tran Quang Truong, BOD member cum deputy CEO of Tan Binh Import - Export JS Corporation (TIX), registered to buy 200,000 shares from September 17 to October 16 to raise its holdings in the firm to 2,037,590 shares or 8.49 percent stake, from 1,837,590 shares or 7.66 percent stake currently.

Gia Lai Electricity Joint Stock Company, whose chairman is Thai Van Chuyen, vice chairman of Ninh Hoa Sugar Joint Stock Company (NHS), registered to buy 1 million shares from September 19 to October 19 to restructure its investment portfolio. After the share purchase, Gia Lai Electricity Joint Stock Company is expected to hold 1 million shares or 10 percent stake.

Gia Lai Electricity Joint Stock Company, whose chairman is Thai Van Chuyen, chairman of Bien Hoa Sugar Joint Stock Company (BHS), registered to buy 3 million shares from September 19 to October 19 to restructure its investment portfolio. After the share purchase, Gia Lai Electricity Joint Stock Company is expected to hold 3 million shares or 10 percent stake.

Duong Ho Thang, BOD member cum chief accountant of Dien Quang Joint Stock Company (DQC), sold 144,000 shares as registered from August 30 to September 12 for personal affairs, cutting his ownership to 8,911 shares from 152,911 units earlier.

Nguyen Phuong Thuy, chief accountant of Petro Vietnam Low Pressure Gas Distribution JSC (PGD), sold 7,000 shares as registered from August 27 to September 11 for personal financial need, cutting her holdings to 2,000 shares from 9,000 units earlier.

Pham Thi Thu Hien, sister of Pham Thi Hong Diep, deputy CEO of Petro Vietnam General Services Joint Stock Corporation (PET), sold 2,500 shares as registered from August 15 to disinvest her investments. After the share sale, she holds 55,260 shares.

Nguyen Thai Nga, a major shareholder of Dien Quang Joint Stock Company (DQC), raised her holdings in the firm to 2,841,345 shares or 12.92 percent stake after buying 904,000 shares by September 12.

Nguyen Huy Quang, CEO of Bac Giang Exploitable Mineral JSC (BGM) sold his all 172,000 shares or 1.02 percent stake as registered from June 26 to July 26 for personal financial need.

Le Thi Nam, head of the Board of Supervisors of OPC Pharmaceutical Joint Stock Company (OPC), sold 45,000 shares as registered from August 27 to September 11. After the share sale, she cut her holdings in the firm to 72,000 shares or 0.56 percent stake, from 117,000 shares or 0.91 percent stake earlier.

Huynh Nguyen Trieu, deputy CEO of Materials - Petroleum Joint Stock Company (COM) and his wife, Nguyen Thi Lung, violated trading result disclosure regulation for reporting their trading results on August 31, 2012, later than regulated.

Phuong Nam Securities Corp., whose chairman is Tram Khai Hoa, BOD member of Saigon Thuong Tin Commercial JS Bank (STB), sold 2 million shares on September 6 and 10, 2012 without disclosing information before its transactions.

Foreign Trade Development and Investment Corporation of Ho Chi Minh City (FDC) announced that Dinh Toan Trung will leave his post as managing director from September 27, 2012 upon personal request.

Source: VnEconomy – Translated by Thuy Doan

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