Viglacera prepares for last quarter IPO
(Apr 21, 2015)
State-owned Viglacera Corporation plans to raise its charter capital
from VND2.64 trillion (US$122.2 million) to VND3.07 trillion ($142
million) and make an initial public offering (IPO) in the last quarter
Property developer Vingroup has contributed nearly VND1.5 trillion to
become a strategic stakeholder of the Viet Nam Exhibition and Fair Centre JSC after acquiring an 89.42 per cent stake in the
Viet Nam Exhibition Fair Centre One Member Co. Ltd. (VEFAC).
Major Asian indices closed down on April 20. Leading the downward trend, the Hang Seng Index lost 558.19 points to close at 27,094.93 in Hong Kong.
The national stock market declined on low liquidity this morning.
The HCM City Development Joint Stock Bank (HDBank) plans to increase its
total asset value from the current VND99.525 trillion (nearly US$4.62
billion) to VND120.882 trillion ($5.61 billion) this year.
After suffering losses for the last three years and allowing accumulated
losses to exceed chartered capital, 15 companies listed on the Ha Noi
Stock Exchange (HNX) will be delisted, said Nguyen Vu Quang Trung, HNX's
deputy director general.
Minh Phu Seafood Corporation JSC (MPC) may decide to issue 2,500
non-convertible bonds for periods of three years or more at the annual
shareholders meeting on April 18.
Most Asian indices slipped, while the Shanghai Composite Index increased by 92.57 points to reach 4,287.30 in China on April 17.
Insurer Bao Viet Holdings is targeting a consolidated revenue of over
VND 18.9 trillion (US$879 million) this year, including an after-tax
profit of VND1.14 trillion ($45 million).
The VN-Index continued to rise this morning, adding another 0.39 per cent to close at 570.47 points, propped up by blue chips.
BIDV Insurance Corporation will consult shareholders about a plan to
issue 41 million shares for strategic foreign investors at its
shareholders meeting on April 20.