Business News in Brief

Ho Chi Minh City Infrastructure Investment JSC (CII) announced that Amersham Industries Ltd registered to buy 3 million shares until January 17, 2014 to increase its ownership ratio to 6.05 percent, or 6.82 million shares.

Electronics Communications Technology Investment Development Corporation (ELC) announced that for holding 29.94 percent stake in New Generation Biotech JSC, the number of its associates has increased to four. New Generation Biotech was established in 2012 with a charter capital of US$11.5 million. The company specializes in researching and producing bacillus for pharmaceutical products, foods, and husbandry. In the first nine months, ELC saw net profit of VND11.9 billion.

Source: Dau Tu Tai Chinh – Translated by Thuy Doan

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