Friday, August 17, 2018 10:00:14 AM - Markets open
VN-INDEX 969.94 +5.66/+0.59%
HNX-INDEX 108.60 +0.69/+0.64%
UPCOM-INDEX 51.50 +0.12/+0.23%
Nawaplastic to boost holdings in Bình Minh Plastic to more than 50% - 4/4/2018 9:56:31 AM
 (0 ratings. You must sign in to rate.)
Nawaplastic Industries Co Ltd, a subsidiary of Thailand’s SCG, has registered to buy an additional 818,609 shares of Bình Minh Plastics Joint Stock Company (BMP).
The trades are expected to be executed by agreement and order matching from April 4 to May 3, 2018.
Currently, Nawaplastic owns more than 40.84 million BMP shares, equivalent to 49.89 per cent of the company’s stake.
If the transaction succeeds, Nawaplastic will raise the ownership of BMP shares to more than 41.66 million shares, equivalent to 50.89 per cent, and dominate Bình Minh Plastics.
Prior to that, The Nawaplastic had won the bid to buy a total of 24.13 million BMP shares owned by the State Capital Investment Corporation (SCIC). The Việt Nam Securities Depository has also completed procedures to transfer the ownership of these shares.
Prior to this, Nawaplastic Industries was BMP’s major shareholder holding more than 16.7 million shares, equivalent to 20.4 per cent of total shares of Bình Minh Plastics.
On the market, BMP shares have fallen quite sharply and are trading around VNĐ71,000  (US$3.11) per share. — VNS
Read original article here
Newer News
19/05 Woomi Construction seizes major holding in two real estate developers
09/05 VIS: Kyoei Steel’s prospects after Vietnam Italy Steel acquisition
Older News
21/03 BHN: Foreign investors eager to acquire Habeco
12/03 Thailand investor buys more BMP stake
08/03 Vietnam has four billionaires in Forbes’ list
12/01 Standard Chartered Bank ends 12-year partnership with ACB
29/12 Despite healthy performance, foreign funds divest MWG
18/12 Thai Bev only bidder seeking to buy $5 billion stake in Vietnam's Sabeco
12/12 Thai Beverage bids on 25 per cent of Sabeco
11/12 JC&C reinforces presence in Vietnam
11/12 Global brewers line up bids for Vietnam's Sabeco sale - sources
01/12 VIS divestment brings dual benefits for Thai Hung
Newsletter Signup
Top Stories
VN manufacturing PMI hits 22-month high in March
CPI goes up 4.96 percent year-on-year in first quarter
Slight rise in February CPI
Draft decree on State monopoly in trade submitted to Government
CPI ups 0.46% in January
Market Update
Last updated at 10:06:35 AM
VN-INDEX 969.94 +5.66/+0.59%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.