Many stocks have been rising over the last three weeks, but shareholders of several property stocks have been trying to lower the price in order to lure investors.
The Ministry of Transport (MoT) has registered to buy 164.73 million shares of Vietnam Airlines, a move which will maintain its holding in the national flag carrier at 86.16 percent.
Vietnam National Shipping Lines (Vinalines) is due to sell more than 280 million shares in its initial public offering (IPO) at the Hanoi Stock Exchange (HNX) in early August.
Van Phu Investment Corporation (under code: VPI) officially listed 160 million shares on the Ho Chi Minh Stock Exchange (HOSE) at a reference price of VND 43,500 per share on the first trading day.
Vinafood II was officially started trading on unlisted public company market (UPCoM) and registered to list 114.8 million shares with the code VSF, yesterday.
No Va Land Investment Group Corporation (NVL)’s shareholders have just approved the plans of issuing 80 million shares to its strategic partners at a cost of VND 30,000 to 90,000 per share.
Vincom Retail (VRE), the shopping mall operator of the real estate giant VinGroup, started trading 1.9 million shares, equivalent to total charter capital of VNS19 trillion ($837 million , on the Ho Chi Minh Stock Exchange (HOSE) on November 6.
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.
Mobile World Investment Corp (MWG), a major mobile phone distributor in Vietnam, announced the Mekong Enterprise Fund II (MEF II) has registered to sell 1 million shares from now till November 3, aiming to reduce its ownership from MWG chartered capital from 2.6 percent down 2.28 percent, equal to 7million shares.
Yarn producer Damsan (ADS) plans to issue 10million shares in October, priced at VND 17,000 per share aiming to invest in Eiffel Yarn Corp and Damsan manufactures yarn and cotton at An Ninh Industrial Zone in Tien Hai district of the northern province of Thai Binh.
Dong Hai Ben Tre Corp (DHC) announced to close its shareholders ‘list on September 25; issue 2.6 million shares for 10 percent dividend payment in 2016 and 5.1 million shares for current shareholders, priced at VND 18,000 per share.
Saigon Transportation (TPS) has just approved its plan to issue 3.4million shares to current shareholders, costing VND 10,000 per share in 2017. The issuance is to add more its chartered capital up to VND 50 billion.
Shares fell on both local exchanges on Thursday, as investor confidence was weakened by negative global market trends and investors continued to seek short-term profits.