Home Stocks Stock Market

Commission accepts first securities merger

Dec 10th at 10:06
10-12-2013 10:06:29+07:00

Commission accepts first securities merger

The State Securities Commission of Viet Nam has recognised yesterday's merger of Military Bank Securities (MBS) and VIT Securities (VITS), according to Vneconomy newspaper.

This was the first merger between two securities companies on the Viet Nam stock market and marked the pioneer step in restructuring securities companies.

The new company was named MBS, with charter capital of VND621.24 billion (US$29.58 million). Leaders of the VITS did not take part in managing the new company.

The HCM City and Ha Noi Exchange yesterday also recognised membership of MBS.

MBS will provide five services, including brokerage, proprietary trading, underwriting, advisory and securities custody services.

vietnamnews

MOST READ

NEWS SAME CATEGORY

Shares rise on positive liquidity
STOCK MARKET Dec 10th at 10:05

Shares rise on positive liquidity

Shares rose on improved value and volume yesterday.

The foreign capital flow unknown
STOCK MARKET Dec 9th at 10:39

The foreign capital flow unknown

The low stock prices and the strong recoveries of the national economy’s indexes in the fourth quarter of the year explains why Vietnam still can attract foreign...

Shares gain on liquidity growth
STOCK MARKET Dec 9th at 10:12

Shares gain on liquidity growth

Shares managed to creep up last week on both national stock exchanges.

Shares put positive end to the week
STOCK MARKET Dec 7th at 17:22

Shares put positive end to the week

Shares advanced on both national stock exchanges yesterday, following slight losses on Thursday. However, overall liquidity declined.

Shares finish session on a low
STOCK MARKET Dec 6th at 10:12

Shares finish session on a low

Shares dropped further on both national stock exchanges in the afternoon session.

Shares experience mixed results
STOCK MARKET Dec 5th at 09:59

Shares experience mixed results

The VN-Index on the HCM City Exchange shrank slightly yesterday, after successfully entering the resistance band of 510-513 points on Tuesday.

Cash flow helps lift local markets
STOCK MARKET Dec 4th at 09:55

Cash flow helps lift local markets

Market rallied yesterday. Strong liquidity was reported on both national stock exchanges.

Bourses close with mixed fortunes
STOCK MARKET Dec 3rd at 16:12

Bourses close with mixed fortunes

Shares closed higher on the HCM City Stock Exchange yesterday, but fell in Ha Noi after the launching of a new set of indices on the northern bourse.

Asia Frontier Capital launches Vietnam fund
STOCK MARKET Dec 2nd at 18:36

Asia Frontier Capital launches Vietnam fund

Asia Frontier Capital Limited is pleased to announce the latest addition to its fund offering: “AFC Vietnam Fund”. The fund will be available for subscription to...

Share growth suggests uptrend
STOCK MARKET Dec 2nd at 10:30

Share growth suggests uptrend

The VN-Index on the HCM City Stock Exchange closed at 507.78 points last week, increasing 0.4 per cent over the previous week, 2 per cent compared to October and...

Read More

TRENDING

MOST READ

Back To Top