Demand for SPS shares surges

tohang

Twenty-five investors have registered to buy 9.3 million shares in Saigon Petroleum Service Corporation (SPS).This is six times the number of shares offered by Saigon Trade Corporation- member limited liability holding (Satra), the auction organiser HMC Stock Exchange (HOSE) said.

Established in HCM City in 1992, Saigon Petroleum Service Corporation provides services for the petroleum industry. — Photo cafe.vn

HCM CITY (Biz Hub) — Twenty-five investors have registered to buy 9.3 million shares in Saigon Petroleum Service Corporation (SPS).

This is six times the number of shares offered by Saigon Trade Corporation- member limited liability holding (Satra), the auction organiser HMC Stock Exchange (HOSE) said.

Satra offered 1.53 million shares with a starting price of VND30,000 (US$1.35) on July 14.

Established in HCM City in 1992, SPS provides services for the petroleum industry, international and domestic travel services, restaurant and hotels and employment services and labour supply, besides vocational training and orientation, export of labour, real estate business and housing services, as well as leasing of houses, offices and warehouses.

In the last five years, SPS recorded almost no growth in profits, which remained at about VND6 billion. In 2015, the total net revenues reached VND200 billion, a marginal rise from the previous year.

At the end of 2015, the total assets of SPS were worth VND129 billion.

The firm planned to pay a dividend of 16 per cent for 2015. — VNS

  • Share:

see also

Market mixed as foreign bloc restarts net buying

Market mixed as foreign bloc restarts net buying

Market breadth remained negative, with 184 stocks declining, 143 advancing and 44 unchanged. Liquidity surged to VNĐ15.9 trillion (approximately US$624.35 million), marking a 29.2 per cent increase compared to the previous session.
Corporate bond issuance value rises by 60 per cent

Corporate bond issuance value rises by 60 per cent

In the first 11 months of 2024, the total value of corporate bond issuances reached nearly VNĐ403 trillion, a 60 per cent increase year-on-year. 
Vietjet raises VNĐ3 trillion from bond issuance

Vietjet raises VNĐ3 trillion from bond issuance

This is the third batch of bonds issued by Vietjet in the fourth quarter of 2024. 
Vinhomes gets green light from SGX for bond issuance

Vinhomes gets green light from SGX for bond issuance

The recent mobilisation of tens of trillions of đồng will provide Vinhomes, one of the flagship companies under the leadership of billionaire Phạm Nhật Vượng, with additional resources to embark on a series of major projects.
Market kicks off the week on a positive note

Market kicks off the week on a positive note

Market breadth leaned positive, with 209 advancing stocks surpassing 112 decliners. Trading liquidity on the southern bourse slightly decreased to approximately VNĐ12.8 trillion (US$482.7 million), with nearly 494.7 million shares changing hands.