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PVFCC buys over 6 million shares of DCM

Jul 8th at 16:35
08-07-2016 16:35:57+07:00

PVFCC buys over 6 million shares of DCM

PVFC Fund Management Joint Stock Company (PVFC Capital) reported the purchase of 6.1 million shares of Ca Mau Fertilizer (DCM) on June 30.

 

Accordingly, the fund has raised its stake in DCM from 8.01 per cent to nearly 9.16 per cent, reaching a total of nearly 45 million shares.

From the beginning of April, PVFCC continuously bought shares in the fertilizer firm in CA Mau Province and became the firm's second largest shareholder.

Currently, the largest shareholder of Ca Mau Fertiliser is PetroVietnam (PVN), with more than 400 million shares, equivalent to a 75.56 per cent stake in the company.

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