News

Vietnam Sea Transport and Chartering JSC. (VST) has invested in a new 56,200 DWT ship built by Vinashin of Vietnam National Shipping Lines (Vinalines) and two 17,500 DWT ships built by Bach Dang Shipping Industry Corp.

Ocean Group JSC. (OGC) has planned to contribute VND41.4 billion to setting up Ocean Natural Resources Development JSC, the firm said in a filing posted on the HOSE’s website on October 12.

Deutsche Bank Ag London, a major shareholder of Gemadept Corporation (GMD) net sold 526,410 shares after selling 580,800 shares and buying 54,390 shares by October 10.

Post and Telecommunication Equipment JSC (POT) has passed the plan to adjust its 2011 business targets with consolidated pretax profit of VND11.5 billion and total revenue of VND574 billion.

Trade Union of Bien Hoa Sugar JSC. (BHS) registered to sell its all 94,218 shares from October 17 to December 17 through order-matching and put-through.

Nguyen Thi Nhu Loan, Chairman of Quoc Cuong Gia Lai JSC (QCG) reported trading result later than requested after she made trading registration on July 13, 2010.

Tran Van Thu became a major shareholder of Saigon Machinery Spare Parts JSC. (SMA) after he bought 80,000 shares on September 1, raising his holding to 5.54% stake without announcement.

Ha Tien 1 Cement JSC. (HT1) announced that Nguyen Van Tuong has left his position as Deputy CEO of HT1 cum Deputy Director of Kien Luong Cement Factory from October 10.

Cadovimex Seafood Import - Export and Processing JSC. (CAD)’s Board of Directors has appointed Dang Vang Suoi as its Deputy CEO in place of Tran Minh Hoang from October 12, according to the Board’s resolution on October 11.