NHH: Allowing VMC to buy shares of PBAT An Phat

Jul 8th at 15:16
08-07-2022 15:16:07+07:00

NHH: Allowing VMC to buy shares of PBAT An Phat

The Board resolution dated July 07, 2022, the BOD of Hanoi Plastics Joint Stock Company approved to allow Vietnam Pattern Manufacture and Precision Mechanical Company Limited (VMC is a subsidiary of NHH)) to buy shares of PBAT An Phat with details as follows:

-          Stock name: PBAT An Phat Production Joint Stock Company

-          Par value: VND10,000/share

-          Owning volume PBAT shares by VMC before the purchase: 0 share

-          Purchase volume: 1,040,000 shares

-          Purchase form: to receive the transfer from existing shareholders

-          Expected owning volume PBAT shares by VMC after the purchase: 1,040,000 shares shares, accounting for 3.51%% charter capital of PBAT

-          Current owning volume PBAT shares by NHH:  5,800,000 shares, accounting for 19.59%% charter capital of PBAT.

-          Expected owning volume of NHH and VMC after the purchase: 6,840,000 shares, accounting for 21.11%% charter capital of PBAT.

Aftre the purchase completes, PBAT An Phat Production Joint Stock Company will become an associated company of NHH.

HOSE



RELATED STOCK CODE (2)

NEWS SAME CATEGORY

Herbal medicine companies (TRA) enjoy positive earnings thanks to stable inputs

Herbal medicine companies are enjoying huge profits per year thanks to stable input costs compared to other industries.

CII to sell 10 million shares of Nam Bay Bay

Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII) plans to sell another 10 million shares of Nam Bay Bay Investment Joint Stock Company (NBB)...

Rising costs cast doubt on wood companies (TTF) growth prospects

As wood export turnover is rebounding with rising demand in the domestic market, the revenues of wood enterprises are expected to advance.

Chemical firms (CSV) see growth potential thanks to rising selling prices

Thanks to their good growth potential and attractive valuation, chemical stocks are being included in the portfolios of investors.

VNDirect (VND) expects profits to hit nearly $70 million in first half of 2022

In the first six months of 2022, VNDirect Securities Corporation's (HoSE: VND) profit before tax is estimated to reach about VND1.62 trillion (US$69.7 million), an...

Hoa Sen Holdings Group (HSG) plans to sell all HSG shares

Hoa Sen Holdings Group has just registered to sell all 17.74 million HSG shares of Hoa Sen Group, reducing its ownership rate from 3.6 per cent to 0 per cent.

HAGL's (HAG) profit reaches over $18.5m in first five months

Hoang Anh Gia Lai JSC (HoSE: HAG) just announced its business results in the first five months of the year with three main sectors - livestock, fruit and supporting...

Hoa Phat (HPG) plans to develop two projects worth $5.2 billion in Phu Yen

Steel maker Hoa Phat Group proposed Phu Yen People’s Committee to develop a seaport and technical infrastructure for Hoa Tam Industrial Zone with the total...

Listed companies (HAX) reluctant in capital raising plans

Listed companies are being more careful with their capital mobilisation plans, as the market is in an unfavourable condition and the Government tightens the bond...

SSI leaves the billion-dollar market-cap club

 As the stock market faced another bearish session on Wednesday, with the VN-index dropping below the 1,200-point level at some points, securities stocks reported a...


MOST READ


Back To Top