Business news in brief

On August 13, 563,178 shares of Royal International Corporation (RIC) officially traded on the Ho Chi Minh Stock Exchange. These shares were issued to pay dividends to existing shareholders.

Phuoc Hoa Rubber Joint Stock Company (PHR) on August 10 got approval from the Ho Chi Minh Stock Exchange to extend the time to buy 500,000 treasury shares. The company will purchase 500,000 treasury shares from August 10 to September 8 this year.

Le Van Diep, deputy CEO of An Giang Fisheries Import & Export Joint Stock Company (AGF), registered to sell 13,470 shares from August 14 to September 14 for personal financial need after failing to sell them between July 12 and 31.

Lai Thi Truong, mother of Nguyen Huong Giang, head of the Board of Supervisors of Innovative Technology Development Corporation (ITD), registered to sell 40,000 shares from August 15 to September 15 for personal financial need. After the share sale, she will hold 3,213 shares or 0.025 percent stake.

Nguyen Lam Thanh, brother of Nguyen Huong Giang, head of the Board of Supervisors of Innovative Technology Development Corporation (ITD), registered to sell 25,000 shares from August 15 to September 15 for personal financial need. After the share sale, he will hold 1,785 shares or 0.014 percent stake.

Mai Tuan Tu, a member of the Board of Directors (BOD) of Innovative Technology Development Corporation (ITD) sold 34,090 shares out of 47,119 shares registered to sell for personal financial need by August 8 due to unmatched prices, cutting his holdings to 69,571 shares or 0.54 percent stake from 103,661 units or 0.81 percent stake earlier.

Nguyen Quoc Vu Luan, brother of Nguyen Quoc Vy Liem, BOS member of Dat Xanh Real Estate Construction Joint Stock Company (DXG), registered to sell 10,000 shares from August 15 to September 15 for personal financial need. After the share sale, he is expected to cut his holdings in the firm to 16,886 shares.

EVN Finance Joint Stock Company was no longer a major shareholder of Fecon Foundation Engineering and Underground Construction JSC (FCN) after net selling 432,100 shares on August 8, 2012. EVN Finance sold 443,500 shares and bought 11,400 units by August 8, sending its holdings to 377,900 shares or 2.74 percent stake, from 810,000 units or 5.87 percent stake earlier.

Viet Capital Securities Investment Fund, whose Research Director is Cung Tran Viet, BOD member of Seaprodex Refrigeration Industry Corporation (SRF) sold 139,130 shares on August 1, 2012 to restructure its investment portfolio. The fund now holds 1,290,870 shares or 17.39 percent stake.

Le Toan Thang, brother of Le Thi Thu Thuy, BOS member of Southern Rubber Industry Joint Stock Company (CSM), sold 7,000 shares as registered by July 19, reducing his ownership to 74 shares.

Nguyen Ngoc Hiep, husband of Hoang Thi Hong Hanh, IR officer of Duong Hieu Trading and Mining JSC (DHM), bought 510 shares and sold 510 shares from July 30 to August 7. He currently holds no share.

Vingroup JSC (VIC) announced that it has appointed Mai Huong Noi as an additional member on the Board of Directors.

Vietnam Tanker Joint Stock Company (VTO) announced that its Deputy Director General Nguyen Cong Dinh will retire from September 1, 2012.

Duong Manh Hai, chairman of Hanoi Investment General Corporation (SHN), bought 325,500 out of 500,000 shares registered to buy from July 5 to August 3 as he changed his financial plan. He now holds 325,500 shares or 1 percent stake.

Nguyen Thi Tuyet Mai, deputy CEO of Hanoi Investment General Corporation (SHN), registered to buy 100,000 shares from August 13 to September 7 to increase her ownership. She currently holds 100,000 shares or 0.31 percent stake.

Vo Van Khoi, BOS member of Phong Phu Pharmaceutical JSC (PPP), registered to buy 18,000 shares from August 13 to September 11 for investment. He now owns 37,150 shares or 1.595 percent stake.

Source: VnEconomy – Translated by Thuy Doan

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