KBC raises capital with share offering
(Apr 24, 2014)
Kinh Bac City Development Holding Corp (KBC) on Tuesday reported it had
sold 100 million shares for VND1 trillion (US$47.4 million). They were
put for sale to increase its charter capital to cover debts
The Nikkei 225 jumped 157.50 points to finish at 14,546.27 in Tokyo,
while the Topix Index also gained 11.31 points to finish at 1,173.81 on
Shares advanced on both the national stock exchanges this morning, following a strong rebound yesterday.
The Nikkei 225 lost 123.61 points to finish at 14,388.77 in Tokyo, while
the Topix Index slipped 8.90 points to finish at 1,162.50 on April 22.
Shares advanced this morning on the HCM City Stock Exchange after suffering a tumble yesterday.
The Nikkei 225 slipped 3.89 points to finish the day at 14,512.38 in
Tokyo, while the Topix Index lost 1.97 points to close at 1,171.40 on
The gold price fell both in Viet Nam and the world markets on April 21,
although the forex rate was kept stable by the State Bank of Viet Nam
Shares closed slightly higher on the HCM City Stock Exchange this
morning after posting losses last week, though the benchmark index on
the northern bourse continued to fall.
Truong Van Bon, a farmer in An Giang Province who bought 1,500 shares of
the An Giang Plant Protection Joint Stock Company (AGPPS), cannot
believe that a farmer like him is an owner of a large company.
Five years after beginning to invest in agriculture,
Hoang Anh Gia Lai Joint Stock Company on April 18 said the sector is
now its major source of revenue and profit.
Shares declined steeply yesterday under heavy selling pressure in an unexpected fall after Thursday's rebound.On the HCM Stock Exchange, the VN-Index fell to a two-month low at 565.33 points, down 2.58 per cent from the previous session.