Stock brokerage firm purchases 5.5m VFMVF1 fund certificates


Hochiminh Stock Exchange (STC) has lately announced that HCM City Securities Joint Stock Co (coded HCM) has become the large shareholder of Vietnam Stock Investment Fund (STC-coded VFMVF1) after purchasing in 5.5 million fund certificates.



In details, HCM has already bought 5,533,850 certificates, equivalent to 5.53 percent of the fund’s total chartered capital. Therefore, starting from March 18, the securities firm has become VFMVF1′s large shareholder.



After March 21 session, VFMVF1′s price stood still at 10,900 dong per certificate with 114,890 units being transferred.

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Posted by VBN on Mar 22 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

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