Business news in brief

Do Cao Bao, BOD member of FPT Corporation (FPT), registered to sell 872,112 shares from August 7 to September 7 to invest in his family business. After the share sale, he is expected to cut his holdings to 3,209,650 shares from 4,081,762 units currently.

Do Cao Bao, BOD member of FPT Corporation (FPT), registered to sell 872,112 shares from August 7 to September 7 to invest in his family business. After the share sale, he is expected to cut his holdings to 3,209,650 shares from 4,081,762 units currently.

Vietnam Dairy Products JSC (VNM) registered to buy back 19,360 shares at VND10,000 per share from August 6 to September 6. The company will use its equity surplus and undistributed profits to buy back shares from the staff who quit their jobs in the company.
 
Ha Viet Investment JSC, member of the Fund Representative Board of Manulife Progressive Fund (MAFPF1) sold 101,940 fund certificates out of 100,000 shares registered to sell from July 18 to 30 due to negligence. After the share sale, the company cut its holdings to 465,950 fund certificates or 2.18 percent stake. From August 3 to September 1, the company registered to sell 100,000 shares, reducing its ownership to 365,950 shares to restructure its investment portfolio.

Hoa Sen Group (HSG) registered to buy back a maximum 2 million treasury shares from August 7 to November 7. After the share buyback, HSG is expected to hold 5,799,212 treasury shares.

Tran Van Ky, BOD member of Vimedimex Medi - Pharma Joint Stock Company (VMD), registered to buy 140,730 shares from August 6 to 31 for investment. After the share trading, he will hold 272,730 shares or 3.23 percent stake in the company, compared to 132,000 units or 1.56 percent stake currently.

My Thanh Garment Co., a major shareholder of Binh Thanh Import-Export Production and Trade JSC (GIL) bought 223,940 shares out of 600,000 units registered to buy from July 2 to 31 due to unfavorable share price, increasing its ownership to 826,951 shares or 6.21 percent stake from 603,011 units or 4.53 percent stake earlier.

Gia Dinh Real Estate Company, a major shareholder of Binh Thanh Import-Export Production and Trade JSC (GIL) failed to sell all its 629,940 shares from July 2 to 31 due to unfavorable price.

Nguyen Thi Huong Giang has become a major shareholder of Rang Dong Plastic Joint Stock Company (RDP) after buying 200,000 RDP shares on July 31, 2012. She currently holds 696,850 shares or 6.07 percent stake in the company.

Tan Cang Logistics and Stevedoring Joint Stock Company (TCL) announced Le Dang Quynh Nghi as deputy director, starting August 1.

Nguyen Quang Minh, BOD member cum deputy CEO of Vietnam Ocean Shipping JSC or VOSCO (VOS), bought 100,000 shares as registered from June 1 to July 31 to restructure his investment portfolio.

Vietnam Holding Limited has become a major shareholder of Hoa Binh Construction and Real Estate Corporation (HBC) after buying 289,490 HBC shares on July 31, 2012, raising its holdings to 1,942,820 shares or 5.2 percent stake.

IPA Investments Corporation, whose Chairman is Vu Hien, BOD member of Hoi An Tourist Service JSC (HOT), bought 959,475 shares out of 1.2 million units registered to buy from June 27 to July 26. After the share purchase, IPA Investments Corporation raised its holdings in the firm to 1,359,475 shares or 17 percent stake compared to 400,000 units or 5 percent stake earlier.

Viet-Han Investment and Production Joint Stock Company (VHG) has appointed Bui Phan My Hanh as its acting chief accountant from August 1, 2012, replacing Nguyen Thi Thu Thao, who is on maternity leave.

Red River Holding, a major shareholder of Vietnam Sun Corporation (VNS), announced that it raised its holdings in VNS to 3,992,020 shares or 13.31 percent stake after buying 1,777,410 units from June 14 to July 31 this year.

Bien Hoa Sugar JSC (BHS) appointed Thai Van Chuyen as chairman cum legal representative, replacing Huynh Bich Ngoc from August 2, 2012.

Van Lang Technology Investment and Development JSC (VLA) announced Le Anh Nguyen to become its major shareholder from July 25, 2012 after buying 58,700 shares or 5.85 percent stake.

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