Novaland's largest shareholder registered to sell 2 million NVL shares
Novagroup Joint Stock Company registered to sell 2 million NVL shares of No Va Real Estate Investment Group (Novaland). Expected implementation time is from July 18 to July 26 by order matching or agreement method. If the transaction is successful, this company's ownership ratio will decrease from 17.89% (equivalent to 348.8 million shares) to 17.78% (equivalent to 346.8 million shares).
Previously, Novagroup had signed to sell 2 million NVL shares from June 27 to July 12 by order matching or agreement method but did not carry out the transaction due to changes to comply with the debt restructuring support plan. Novagroup is currently the largest shareholder of Novaland.
Leaders of Dong A Plastics chose to work without salary due to business losses
Dong A Plastic Group Joint Stock Company (stock code DAG) passed a Resolution that members of the Board of Directors will not receive remuneration in 2023. The reason is that this year's business results are in loss. Financial reports show that Dong A Plastics will lose more than 257 billion VND in 2023, while the previous year's profit was more than 7 billion VND. Revenue in 2023 will decrease by nearly half, to nearly 1,204 billion VND.
It is known that in 2023, the Board of Directors structure of Dong A Plastics will have 5 members, with Mr. Tran Viet Thang as Chairman of the Board of Directors. Mr. Duong Ngoc Dieu is Vice Chairman of the Board of Directors. Two members of the Board of Directors include Mr. Nguyen Huu Quan and Pham Quang Huynh (independent members).
OCB Bank has a new General Director
Orient Commercial Joint Stock Bank (OCB, stock code OCB) announced the decision of the Board of Directors on the appointment of senior personnel. Mr. Pham Hong Hai officially held the position of General Director of OCB from July 16.
According to OCB's introduction, Mr. Pham Hong Hai (born in 1974, from Hai Phong) has nearly 30 years of experience in the field of banking and finance. Mr. Hai was appointed General Director of HSBC Vietnam from December 2014 to September 2019, becoming the first Vietnamese to hold the highest leadership position of an international bank in Vietnam. During his nearly 5-year tenure, Mr. Hai led this organization to achieve many important results with strong growth in scale and profits.
Banking stocks helped VN-Index reverse and increase
Under the positive influence of the VN30 basket and banking stocks, the stock market today (July 16) had quite positive developments after 4 adjustments and declining liquidity. At the end of the session, VN-Index increased slightly by 1.36 points (+0.11%) to 1,281.18 points with trading volume increasing by 34.33% compared to the previous session. Foreign investors continued to net sell 234.57 billion VND at HOSE.
The most active industry group today is pharmaceuticals - healthcare with many stocks increasing dramatically such as DCL (+6.99%), DVM (+9.37%), DHG (+6.92%), AMV ( +9.09%)... However, the biggest contributor to the index's increase was banking as 20/27 codes on all 3 exchanges increased in price with the volume of many codes increasing sharply. Typically MBB (+2.17%), HDB (+1.43%), CTG (+1.25%)... Some industries with many codes falling today include telecommunications and real estate. , government's Invest...
