Airlines suffer more losses as they launch more flights
Last year, Vietnam's aviation market was rated as the world's fastest recovery. However, the business reports of large carriers show that the more they fly, the more they lose money.
Investors worried as speculative stocks plummet
Correction of stock market in recent months has caused speculative stocks to plummet. Many investors have moved out of the stock market due to poor speculation and hot stocks introduced by securities with the nickname A7.
Real estate businesses issue bonds to raise capital
Because commercial banks have tightened control over real estate loans, property firms and developers have to seek alternative ways to raise their capital, and many of them have decided to issue bonds to fund their business.
Shareholders concerned about bank stocks
At the Annual General Meeting of Shareholders, it was decided that all banks would issue billions of additional shares to pay for dividends in 2022. This decision will inadvertently put pressure on bank stocks.
Adjusting ownership rate for foreign investors in banks is a long-term strategy
As the market is witnessing adjustments in the rate of ownership for foreign investors in banks, analysts say that it depends on the strategy and business plan of each bank from time to time.
Unprofitable companies scramble to raise capital
The stock market is the driving force for listed companies to strongly issue shares to increase capital. However, it is when unprofitable listed companies scramble to issue volumes of shares that the market becomes susceptible to facing many risks.
Pandemic derails banks’ capital hike plans
Banks are facing major challenges to carry out their capital increase plans this year due to the impacts of the COVID-19 pandemic.
SeABank to issue 144 million shares
The Southeast Asia Joint Stock Commercial Bank (SeABank) has just announced its plan to issue nearly 144.3 million shares.
Vietjet plans dividend payout ratio of 60 percent
The State Securities Commission (SSC) asked Vietjet to issue shares as its plan being approved at shareholder meeting.
SHS increases chartered capital up VND 2trillion
The Saigon Hanoi Securities Co. (SHS)’s shareholders have approved the plan to issue shares aiming to increase its chartered capital up to VND 2,070 billion.
BSI to issue 14.65mln shares this year
The BIDV Securities JS Co. (BSI)’s shareholders have approved plan to issue 14.65 million shares this year to raise VND 902.2billion of its chartered capital.
HID, FMC issue shares
Ha Long Investment & Consulting JSC (HID) has approved its plan to issue 48.4 million shares for its current shareholders in 2017.
TTB, CCL issue shares in 2015
Tien Bo Group Joint Stock Company (TTB) announced to close its shareholder's list on June 10 and dividend payout ratio at 7 percent on July 30; 5 percent on October 8. At the same time, TTB introduced to sell 3.5 million shares to current shareholders with a cost of VND 10,000 per share
MHC, HAX, DMC announce to issue shares & 2015 plan
MHC Joint Stock Co. (MHC) plans to issue 13.5million shares for its current shareholders with a ratio at 2:1; 12.5million shares for its strategic shareholders and one million for laborers, aiming to mobilize capital for financial investment projects in 2015.
SFG, VHG, IDI issue shares
Southern Fertilizer Corp (SFG) has issued 43.54 million shares. SFG has charter capital of VND 435.4billion. Its business operation is mainly to manufacture and trade fertilizer; buy chemical materials; livestock foods and real estate…
HPG, HVG, DNM issue shares
Hoa Phat Group (HPG) announced Private Equity New Markets II K/S (PENM II) has registered to sell 4 million shares within one month starting November 11, aiming to reduce its ownership rate of 11.57 million shares, equivalent to 2.4 percent capital of HPG. Earlier, PENM II registered to sell 3 million share but it was not completed.
Business News in Brief
Hanoi Stock Exchange has recently removed Vietnam Industrial & Commercial Securities Company (VIG) from supervision as the company posted profit of VND848.6 million in the first half of this year. In mid-March, VIG was put under supervision because it was running at a loss for two consecutive years.
Business news in brief
From July 13 to August 13, Nguyen Van Duc, brother of Nguyen Van Loc, CEO of Bien Hoa Sugar Joint Stock Company (BHS), registered to sell 8,280 shares for personal financial need. After the sale, he will own only 6 shares.
Bach Tuyet Cotton Workers Continue to Plan Strike
