Hoa Phat Group registers for purchasing 10m fund shares

Hochiminh Stock Exchange (STC) has lately issued document No 405/2011/SGDHCM-NY approving for Hoa Phat Group Joint Stock Co (coded HPG) to purchase fund shares.



Accordingly, the group registered for purchasing 10 million shares as fund shares, using the capital surplus source up to December 31, 2010. The purpose of this movement was to stabilise the company’s share price in the stock market.



The transactions are expected to last from March 22 to June 22, 2011. The company will apply methods of negotiation and matching orders.

Tags: Vietnam companies

Posted by leonelson on Mar 15 2011. Filed under Enterprises. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry