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Business news in brief

Central Area Electrical Mechanical Joint Stock Company (CJC) announced that it will close the list of shareholders on June 29 to pay dividends for the year 2011 to its current shareholders in cash at a ratio of 28 percent on July 20.

Royal International Corporation (RIC) will close the list of shareholders on June 26 to pay dividends in shares at a ratio of 3 percent.

Tan Tien Plastic Packaging Joint Stock Company (TTP) agreed to close the list of shareholders on June 16 to pay dividends for second term of 2011 in cash at a ratio of 10 percent.

Song Da No 9.09 Joint Stock Company (S99) will close the list of shareholders on June 29 to pay dividends for the year 2010 by shares at a ratio of 15 percent, and give bonus shares at a ratio of 10 percent.

Domesco Medical Import Export Joint Stock Corporation (DMC) list of shareholders will close on June 27 to pay the rest of the dividends for the year 2011 in cash at a ratio of 12 percent on July 6.

Hung Vuong Joint Stock Corporation (HVG) registered to sell all its treasury stocks from June 20 to September 14. Earlier, Truong Ngoc Minh, chairman of HVG, bought 414,110 shares to increase his holdings to 22.93 million shares.

FPT Corporation (FPT) announced that its revenue was VND10.07 trillion in the first five months of this year, completing 100 percent of its business plan; profit of VND974 billion, up 13 percent over the same period last year, accounting for 97 percent of its business plan and earning VND2,815 per share.

Phu Nhuan Jewelry Joint Stock Company (PNJ) announced closure of one of its branches in Hanoi located at 37B Tran Nhan Tong Street, one shop at 45 Truong Son Street in Ho Chi Minh City, and another shop at 197A Le Quang Dinh Street in Binh Thanh District. Lately, PNJ reported theft of 903 tenth of a tael of gold at its factory, worth VND3.9 billion.

Duc Thanh Wood Processing Joint Stock Company (GDT) said that it will pay dividends for first term of 2012 in cash at a ratio of 10 percent on July 4. Unaudited financial statement for the first five months of 2012 showed that the company’s five-month-accumulated revenue was at VND87.9 billion, up 25.3 percent compared to the same period last year. Total value of its export orders till June 8 were US$5.7 million (VND119.4 billion), accounting for 64.7 percent of this year’s business plan.

From June 28 to July 3, GDT offers a discount of 20 percent for nine new products and some export products at Winwinshop and authorized dealers.

From June 20 to July 19, Phong Phu Corporation registered to sell all of 35,590 shares of Thu Duc Housing Development Corporation (TDH) to restructure its portfolio. Earlier, Phong Phu Corporation registered to sell 85,590 shares of TDH from April 19 to June 16 but managed to sell only 50,000 shares.

On June 18, 5,625,000 shares of V-Power Investment & Development (VPC) were officially listed on Hanoi Stock Exchange at total value of VND56.25 billion.

From June 15 to July 13, Mr. Le Quang Thang, member of the Supervisory Board of Petro Vietnam Engineering Consultancy Joint Stock Company (PVE), and his wife, Mrs. Duong Tuyet Linh, registered to sell 6,162 shares for personal need.

Mr. Dang Van Giang, chairman cum director-general of Investment and Construction No.18 Joint Stock Company, registered to buy 70,000 shares to raise his ownership stake.

On June 18, 1.5 million shares of Saigon Securities Inc. (SSI) were officially listed on Ho Chi Minh Stock Exchange. These shares were issued for the company’s key officials in December last year and restricted from transferring until December 28 this year.

Source: Dau Tu Tai Chinh - Translated by Thuy Doan

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