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Nam Long Chairman’s Bold Move: Uncovering the Reason Behind the Sale of 2 Million NLG Shares

Nam Long Chairman’s Bold Move: Uncovering the Reason Behind the Sale of 2 Million NLG Shares

September 25, 2024 Catherine Williams - Chief Editor Business

Stock Market Updates: Recent Transactions and Dividend Payments

Stay informed about the latest ⁣developments in the stock ‌market with these key updates on recent transactions and dividend payments.

Recent Transactions

KDH: Vietnam Ventures Limited Fund Sells Shares

Vietnam Ventures Limited Fund under VinaCapital has successfully sold 9.54‌ million KDH shares ‌of Khang Dien House Investment and ​Trading Joint Stock Company out of a total of 11.9 million shares registered for ⁣sale. The trading period was from August 22 to September 20. The fund​ continues to register to sell 2.43 million KDH shares for the purpose of restructuring⁣ its investment ⁤portfolio, with the transaction expected to take place from September 27 to October 26.

PVD: DC⁤ Developing Markets Strategies Public Limited Company Reduces Ownership

DC ⁤Developing Markets Strategies Public Limited Company, ‍a⁤ member fund of Dragon Capital, sold 500,000‌ PVD shares of PetroVietnam Drilling ‌and Well‌ Services Corporation (PV Drilling) on​ September 19, reducing its ownership ratio to 4.9%. It officially ceased to be a major shareholder at PV Drilling on September 23.

NLG: Chairman Registers to Sell Shares

Mr. Nguyen Xuan Quang, Chairman of the Board of Directors of Nam Long Investment Joint Stock ⁤Company (stock code: NLG), has registered to sell 2 million NLG shares to restructure his⁣ personal finances. The transaction is ⁤expected to take place from September 30 to October ‍29, reducing his ownership ratio to ​9.9%. Notably, previously, Mr. Quang’s two sons, ⁤Nguyen Nam and Nguyen Hiep, registered to buy a ⁣total of 2 million NLG shares, the same⁢ amount of shares and within the time ​period their father registered to sell.

SMC: Transfer of Land Use Rights and Assets

The ‍Board of Directors of SMC​ Investment and Trading Joint Stock Company ⁣(stock code: SMC) has approved the transfer of land use rights and assets attached to land ‍at SMC Da Nang LLC (a subsidiary of SMC), with an expected transfer price of⁣ more than 96 billion VND.

Dividend Payments

CTR: ‌Cash Dividend Payment

Viettel Construction Joint Stock Corporation (stock code: CTR) will pay cash dividends ⁢at ⁢a rate of 27.2% on October 18. The ​ex-dividend⁣ date is September 27, and the record date is September 30.

NDX: Cash ‌Dividend Payment

Danang Housing Development Construction Joint Stock Company (stock code: NDX) will pay cash⁢ dividends at a rate of 3.75% on October 17. The record date is September 27.

PC1: ⁣Share Dividend Payment

The Board of Directors of PC1 Group Corporation (stock code:⁢ PC1) has decided to implement a plan to issue 46.6 million PC1 shares to pay dividends, at a rate‌ of 15% (on the last registration date, shareholders owning 1 share will receive 1 right and for every 100 rights will receive 15 additional issued shares). The ⁣expected implementation⁢ time is in the fourth quarter of 2024.

PNJ: Cash Dividend⁤ Payment

Phu Nhuan Jewelry Joint Stock Company (stock code: PNJ) will pay the second 2023 cash dividend at a rate of 14% on October 16.⁣ The ex-dividend date is October 2, and the last registration date is October 3.

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