Friday, September 21, 2018 9:19:23 PM - Markets open
VN-INDEX 1,002.97 -1.77/-0.18%
HNX-INDEX 115.80 +0.74/+0.64%
UPCOM-INDEX 53.49 +0.50/+0.95%
VGC: Ministry to sell 18% stake in Viglacera
Thanhnien.vn - 6/23/2018 10:42:44 AM
 (0 ratings. You must sign in to rate.)
The Ministry of Construction has offered nearly 80.58 million shares of the largest ceramics producer Viglacera in an attempt to offload the State capital in the company.
 
The transactions are expected to take place between June 27 and July 21, 2018 via order-matching trading on the stock market.
 
The ministry is representing the Government to hold nearly 54 per cent of capital in Viglacera, equal to nearly 242 million shares.
 
The shares will be traded at the price level minimum of VNĐ26,100 (US$1.16) per share and above the average price of the last 30 trading sessions prior to the information disclosure date.
 
If the ministry sells out the entire 80.58 million shares, it will reduce the State ownership in Viglacera to 36 per cent or more than 161.4 million shares. The ministry plans to sell the remaining stake in Viglacera in 2019.
 
Viglacera is trading 448.35 million shares on the Hà Nội Stock Exchange under code VGC. The firm’s shares soared 8.1 per cent to close Friday at VNĐ24,000. — VNS
 
Read original article here
Newer News
17/08 MCH finalising bonus share list
17/08 LPB: LienVietPostBank downgrades many business targets
16/08 FPT betting on M&A to go global
16/08 PVN considers merger of two biggest fertiliser firms
16/08 MSR: Masan buys tungsten facility
13/08 VNM: Vinamilk to spend over 170 mln USD on hi-tech dairy farm in Can Tho
09/08 Thaco announces strategic cooperation with HAGL
08/08 Vinalines to launch IPO on September 5
07/08 Vietnam Airlines, Vinamilk shake hands to provide 4-star service
06/08 BCG: Bamboo Capital sign condotel and villa deal
Older News
19/06 KEB Hana Bank BIDV’s potential strategic investor: VCSC
19/06 BCG: Bamboo Capital to focus on core business activities
18/06 TCB: Techcombank to increase charter capital to 1.53 billion USD
15/06 NLG: Nam Long Corporation offers five million shares for foreign investors
15/06 BSR first shareholders’ meeting
13/06 VIC: Vingroup announces plan to produce smartphones
07/06 VHM: Berjaya Land sells finance centre to Vinhomes
06/06 HNR: 120-year-old liquor company to debut shares
05/06 FLC Group to hold US investment roadshow
05/06 TCB: Techcombank lists over 1.16 billion shares on HOSE
 
Newsletter Signup
Top Stories
VN Index to rise amid volatility, weak liquidity
VN stocks continue rallying
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
Market Update
Last updated at 3:12:17 PM
VN-INDEX 1,002.97 -1.77/-0.18%
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...
Portfolio
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.