OCH receives 20.59m shares of Binh An Investment and Development Co

The management board of Ocean Hotel and Services Joint Stock Co (coded OCH) has reached the final decision about receiving shares of Binh An Investment and Development Joint Stock Co to be transferred from Dat Viet Financial Investment Joint Stock Co.



At present, OCH holds 20.3 million shares in Binh An Co, equivalent to 35 percent of the total chartered capital of 580 billion dong.



After the transaction, OCH will keep total shares of 40.89 million shares, equivalent to 70.5 percent of the total capital.



OCH will start getting the transferred shares after Binh An Investment and Development JSC releases the approval for the transfer in document.



Since early this year, OCH has received transfer of 99.17 percent of chartered capital in Trang Tien Ice-cream Co and purchased 2.49 million shares in Suoi Mo Tourism and Hotel JSC

Tags: Vietnam stock news

Posted by VBN on Apr 5 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