Ocean Group seeks to offload stake in PVR

Jun 18th at 14:16
18-06-2014 14:16:25+07:00

Ocean Group seeks to offload stake in PVR

 Ocean Group, known as OCG on the HCM City Stock Exchange, was looking to sell its stake in PetroVietnam Premier Recreation Jsc. (PVR) from Thursday to July 17.

OCG was now holding 5.142 million shares of PVR, listed on the Ha Noi Stock Exchange, accounting for 9.68 per cent of PVR's charter capital.

Previously, OCG had registered to sell its entire stake in PVR from May 7 to June 4. However, the deal failed due to price disagreements.

bizhub



NEWS SAME CATEGORY

Ninh Hoa Sugar gets merger backing

Shareholders of Ninh Hoa Sugar (NHS), last week approved the merger with Bien Hoa Sugar (BHS) and fixed a swap ratio of 1:1.

Vinamilk plans Polish subsidiary

The Ministry of Planning and Investment on Monday granted the Viet Nam Dairy Products Joint Stock Company (Vinamilk) a licence to open a subsidiary company in...

Quoc Cuong Gia Lai outlines share sale plans to tackle debts

Quoc Cuong Gia Lai Joint Stock Company (QCG) has unveiled plans to issue 150 million shares worth VND1.5 trillion (US$71.1 million) this year to help pay its debts...

HHS completes first capital arrangement with GEM

Hoang Huy Investment Services SJC (HHS) successfully completed its first round of capital arrangement in accordance with the Private Placement Agreement after it...

KDC sees growth in pre-tax profit in Q1

The domestic giant confectionery producer, Kinh Do Corporation (KDC), reports that its pre-tax profits increased 5.5 per cent in the first quarter of the year.

Masan Group sees profits jump

Masan Group, listed on the HCM City Stock Exchange as MSN, posted an aggregated profit of VND1.082 trillion, or US$51.5 million, in the first quarter of this year.

Heightened costs cut into Vinamilk profits

First-quarter net profit for dairy giant Vinamilk (VNM) came in 9.4 per cent lower than the same period last year, at more than VND1.387 trillion (US$65.7 million).

Eximbank sets profit targets high for 2014

The Eximbank shareholders meeting this week approved the bank's pre-tax-profit target of VND1.8 trillion ($85.7 billion) for this year, up from VND828 billion.

Phong Phu establishes JV firm with Japanese company

Viet Nam's Phong Phu Corporation and Japan's Hirose Shokai Company Ltd have signed an agreement to establish a joint venture firm called Linen Supply Services...

Vinamilk grasps market share rather than profits

Vinamilk expects to post 2014 revenues of almost VND36.3 trillion ($1.7 billion), up 14.9 per cent from a year earlier, but will accept lower profits to maintain...


MOST READ


Back To Top