APG moves floor to Hochiminh Stock Exchange in Q2

An Phat Securities Joint Stock Co (coded APG) has approved the 2011 business plan of targeted revenue of 55.5 billion dong, after tax profit of 22.7 billion dong and dividend payment of 15 percent.



In the latest annual shareholders meeting held on April 3, the company’s shareholders also passed the plan of moving floor from Hanoi Stock Exchange (HNX) to Hochiminh Stock Exchane (STC). Tran Thien Ha, APG’s general director revealed that the company has already finished preparing the application profile for submitting to the State Securities Commission (SSC) for approval and expected to finish moving floor in Q2.



The securities firm would raise chartered capital from 135 billion dong to 300 billion dong within the period of 2011-2012 via issuing additional shares for existing shareholders and strategic partners in case of favourable market conditions.

Tags: Vietnam business news

Posted by VBN on Apr 6 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