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| Transactions at Sai Gon - Ha Noi Bank. The T&T Group is the largest shareholder of the bank. — Photo hanoimoi.com.vn |
HA NOI (Biz Hub) ─ The T&T Group bought 36.3 million shares of Sai Gon – Ha Noi Bank (SHB) this month, raising its total shares at the bank to over 97 million, reported news website ttvn.vn.
The group's stake at the bank increased from 6.85 per cent to 10.95 per cent after the transaction. The company remains the largest shareholder of the bank.
The firm registered to buy 40 million SHB shares but couldn't purchase them all, possibly as a result of unfavourable market prices.
T&T Chairman and General Director Do Quang Hien is the chairman of SHB. He holds 26.7 million shares, or about 3 per cent, of the bank.
The company deals in real estate, finance, manufacturing, sport, and import and export. ─ VNS