* Luong Tri Thin, a board member of Dat Xanh Real Estate Service & Construction Corporation (DXG), has registered to buy three millipn DXG shares to spur his ownership from 5.7 percent to 6.8 percent.

* Vietnam Holding Ltd has offloaded 800,000 shares of Fe con Corporation (FCN) to reduce its ownership from 5.5 percent to 3.9 percent.

* Individual investor Nguyen Thi Ai May has bought over 169,000 shares of Duc Quan Investment and Development Company (FTM) to hold 1.2 percent stake in the enterprise.

* HCM City Infrastructure Investment Company (CII) has announced the third and final phase of its 2016 cash dividend at VND550 per share, bringing its total 2016 dividend yield to 5.5 percent, including VNDl,300 paid in the first two phases. The ex-dividend date is March 1 while the payment date is April 28, Viet Capital Securities Company reports.

* Binh Duong Mineral & Construction Company (KSB) plans to issue 23.4 million shares to double its registered capital to VND468 billion. The company will sell the shares to existing shareholders at a 1-for-1 ratio. KSB’s net profit soared 64.3 percent to VND205.8 billion in 2016 while its revenue rose 15.2 percent year-on-year to nearly VND850 billion last year.

* The Hochiminh Stock Exchange has announced the delisting of over eight million shares of Viet Nhat Seafood Corporation (VNH) as the enterprise had racked up losses for three consecutive years.

* Sao Mai Group Corporation (ASM) has decided to invest in Nhut Hong Joint Stock Company by acquiring over 278,000 shares of the latter at VND10,000 each.

* Bao Viet Value Investment Fund has bought over 6.4 million shares of Vietnam National Reinsurance Corporation (VNR) to secure a 4.94 percent stake in the enterprise.

* Phu Thanh Garment Company (MPT) will spend VND3.23 billion paying an interim dividend of VND300 per share for 2016. The company will make the payment on April 10, said vietstock.vn. MPT made a consolidated net profit of VND6.68 billion on revenue of VND133 billion last year, down 47 percent and up 46.8 percent year-on-year respectively.

Source: Intellasia.net