IT group FPT plans to sell shares to employees to thank them for their performance in recent years. The amount of shares on offer to employees will be equal to a maximum of 0.5 per cent of the group’s total outstanding shares.
Foreign institutional investors traded nearly 3.9 million shares of tech firm FPT Corporation on Friday, according to the Vietnam Securities Depository (VSD).
The SCIC Investment Company Limited announced on Tuesday that it would
buy one million shares of the information technology firm FPT between
May 19 and June 17.
The Viet Nam Securities Depository announced that the Lotus-Mekong River
Equity Fund transferred 360,000 shares of the FPT Corporation worth
more than VND15 billion (US$714,290) to two US investment funds last
Friday.
Software giant FPT last week approved the appointment of chairman Truong Gia Binh as acting chief executive officer (CEO) until he is replaced before June. He will in the meantime continue to also hold the position as chairman.