Dragon Capital sold 4.3 million KBC shares

Dragon Capital sold 4.3 million KBC shares

Amersham Industries Limited sold 4.3 million shares of KBC on March 24, March 24 saw a put-through transaction of 4.3 million KBC shares with a total value of nearly 180 billion dong. Beijing aims to gain a profit of 6.7 times to 2 trillion dong.

Amersham Industries Limited sold 4.3 million shares of Kinh Bac Urban Development Corporation (HoSE: KBC) on March 24. The transaction caused the total ownership of Dragon Capital group to decrease to 42.8 million shares, ratio 9.12%.

In this session, KBC shares appeared with the put-through transaction of 4.3 million units with a total value of nearly 180 billion dong, equivalent to 41,800 dong / share. Most likely this is the transaction of foreign fund Amersham.

This fund group became a major shareholder of KBC since January 19 with nearly 24 million shares and then continuously gathered this industrial park’s shares to over 47 million units before the above transaction.

KBC shares also started a chain of price increases from the end of 2020 at the region of 16,000 VND / share, up to 45,500 VND / share on January 22 (10-year high). After that, the stock will be adjusted to 38,200 dong / share as present, temporarily calculating the amount of shares that Dragon Capital is holding with the market price of 1,636 billion dong.

Last year, Kinh Bac recorded a 33% decrease in revenue to 2,154 billion VND and profit after tax less than 1/3 of the same period with nearly 300 billion VND. However, in 2021, the Board of Directors of the company set a target of consolidated revenue in 2021 at 6,600 billion, profit after tax of 2,000 billion; 3 and 6.7 times respectively by 2020.

Kinh Bac is in the “thirst” for investment capital in industrial parks when it is pouring VND 4,518 billion in 2020, 6.2 times higher than the previous year. The enterprise also plans to arrange a capital source of about VND 3,000-5,000 billion in 2021 through credit loans and bond issuance.

Source: ndh.vn – Translated by fintel.vn

News Related

OTHER NEWS

SHS, SHB, KHP, DTL, AAA, MIG, CTF, PXI, CII, SGC: Stock trading information

Saigon – Hanoi Securities Joint Stock Company (SHS): Ms. Pham Thi Thiem, mother of Chief Accountant and Deputy General Director Tran Sy Tien, registered to sell all 500,000 shares via matching and agreement… Read more »

Stock on April 15 through technical ‘prism’

Securities company Positive Neutral Negative AseanSC X BVSC X KBSV X PHS X SHS X VCSC X VDSC X Buyers are temporarily dominating (Asean Securities Company – AseanSC) The VN-Index day graph appears… Read more »

Stock market continues to be dominated by large-cap groups

Large-cap stocks have risen sharply in recent sessions. The strong momentum in large-cap stocks kept market sentiment stable. The VN-Index closed with a rise again with a 0.6% increase to stop at 1255.87… Read more »

South Korean tire maker to invest additional US$305 million in Vietnam

Kumho Tire, a South Korean tire manufacturer, will invest US$305 million to expand its plant in My Phuoc 3 Industrial Park, in the southern province of Binh Duong, aiming to double its production… Read more »

SHB shares increased, Hien’s son to take profit

The Hanoi Stock Exchange (HNX) has just announced the transaction of Mr. Do Vinh Quang – son of Mr. Do Quang Hien, Chairman of the Board of Directors of Saigon Hanoi Commercial Bank… Read more »

For first time, Vietnamese securities had a company worth more than $ 20 billion

Ước tính tại ngày 14/4, quy mô vốn hóa của Tập đoàn Vingroup là 20,56 tỷ USD, tương đương 10% vốn hóa của sàn HOSE. Sau đà tăng giá mạnh mẽ của cổ… Read more »

Stock market April 15: Led by Vingroup and MSN, VN-Index exceeded 1,260 points

The Vietnamese stock market continued its exciting trading at the beginning of this morning session with the lead of large-cap stocks such as VIC, VHM MSN. As of 9:35 am, the VN-Index increased… Read more »

Long An to build $59 million IP in Duc Hoa district

The strong presence of IPs drive the province’s socioeconomic development Covering over 119 hectares, the project will be built at a cost of VND1.355 trillion ($58.9 million), VND400 billion ($17.4 million) of which… Read more »

Bettering workplaces to retain talent

Bettering workplaces to retain talent According to survey results on trends in human resources (HR) and the working environment carried out by Anphabe, difficulties in the job market in recent years have made… Read more »

FPT general director: “Our strength lies in youth and creativity”

“With the results achieved in 2020, youth, creativity, solidarity, and dedication, we are committed to achieving the revenue and profit targets set in 2021, helping FPT to grow steadily and endure,” shared Nguyen… Read more »

Yeah1 continues amassing deficit

Yeah1 has been ailing since parting ways with YouTube Yeah1 (HSX: YEG) has just published its financial report in 2020. After-tax losses increased by VND29billion($1.26 million), bringing its total losses last year to… Read more »

Thai Cafe Amazon expands business in Vietnam

Thai coffee chain Cafe Amazon announced its plan to open more stores nationwide in the coming time, especially in Ho Chi Minh City and neighboring provinces which are favorite locations for launching new… Read more »

Rising material and feed costs bridle husbandry companies

The consecutive increases of animal feed prices over the last few months have caused a lot of challenges for farmers. In March, farmer Nguyen Van Hau in the southern province of Dong Nai’s… Read more »

AppWorks leads $1 million round in Vietnamese healthcare booking app Docosan

The investment by AppWorks is a vote of confidence in Vietnamese healthcare booking app Docosan AppWorks is known for its investments in leading Southeast Asian companies such as Lalamove, Carousell, and ShopBack. Other investors that… Read more »

Vietnam's labour market to recover as half of companies look to increase headcounts

Prospects are bright for Vietnam’s labour market this year The report also reveals that 58 per cent of those employed anticipate looking for new job opportunities, while another 34 per cent are passively open to… Read more »

Hanoi awaits new metro route with bated breath

The controversial Cat Linh-Hadong urban metro project has set its current deadline for commercial operation on April 30, with most stakeholder having mixed feelings of hope and doubt. Nguyen Nam, a 40-year-old living… Read more »

Digiworld aims to reach billion-dollar market cap target

Digiworld aims to grow 25 per cent on average annually in the next decade Two months ago, Digiworld’s executive told securities firms that a partner producing and assembling Xiaomi tech products is opening… Read more »

GRAFT Challenge Vietnam 2021 launched to scale up AgriTech firms

The press briefing on April 13 to introduce the launch of the GRAFT Challenge Vietnam 2021 Proudly sponsored by Aus4Innovation under Australia’s Department for Foreign Affairs & Trade, the programme will support entrepreneurs… Read more »

Toshiba CEO resigns as buyout offer stirs turmoil

In this file photo taken on November 8, 2018 Toshiba chairman and CEO Nobuaki Kurumatani attends a press conference in Tokyo. Kurumatani will resign on April 14, 2021, reports said, as a buyout… Read more »

Long distance ahead to reach Hanoi bridge goal

Hanoi today has a batch of new bridges planned, but only a portion of proposed capital to cover it has been amassed, photo Le Toan At the site of the second phase of… Read more »

Healthcare focus for Brit investors through UVFTA

Representatives of Vietnam and the UK hand over notes confirming the date when the UKVFTA comes into force. Photo: VNA Emily Hamblin, UK consul general in Ho Chi Minh City and trade director… Read more »

How to deal with Suez contractual claims

Tony Nguyen, founder and senior partner of legal consultancy firm EPLegal The Ever Given container ship, wedged in the Suez Canal for almost one week before it was finally freed from the shoreline,… Read more »

Activate technology: The story of a two-decade R&D journey

The market is constantly changing and so is technology. What inspired BlueScope to develop Activate – a technology that can still claim to be the “best-of-the-breed”, despite the 20 years of testing? Daniel… Read more »

Online community takes on map mishap

UNIQLO has been focusing on sustainability in order to lure in new customers Immediately after calling for a fervent wave of boycott on social networks of Swedish fashion giant H&M, the Vietnamese online… Read more »

Expectations for Vietnam’s new path

Newly-elected Vietnamese leaders. Photo: VNA Ivo Sieber – Swiss Ambassador to Vietnam   Vietnam’s remarkable progress combined with Switzerland’s long-term engagement has resulted in a partnership that makes me proud to look back… Read more »

Mixed bag for first phase of CPTPP deal

After a slow start, the CPTPP is now hoped to benefit Vietnam more After two years of implementation, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has created some positive initial impacts,… Read more »

VinFast rumoured to be planning IPO in US

VinFast is working with advisers on the potential IPO in the US Newswire Bloomberg stated that local carmaker VinFast is working with advisers to carry out a potential offering that could take place… Read more »

Semiconductor crisis forces top-level action

Semiconductor crisis forces top-level action. Source: freepik.com The world’s semiconductor industry sales hit $40 billion for the month of January – a rise of 13.2 per cent on-year, revealed the Semiconductor Industry Association.… Read more »

Cross-border railway hopes remain stuck on the tracks

Cross-border railway hopes remain stuck on the tracks. Photo: freepik.com The blockage of the Suez Canal last month, the shortest shipping route between Europe and Asia, has once again urged Vietnamese agencies to… Read more »

E-motorbike startup Dat Bike wraps up $2.6 million funding led by Jungle Ventures

Dat Bike aims to conquer the 2-wheeler market of Southeast Asia The fresh funds will bankroll Dat Bike’s plans to scale its team, research and development, and customer-facing operations. These expansion plans come after… Read more »

MM Mega Market maintains position as two-way trade bridge between Vietnam and Thailand

Opening ceremony for the Songkran Festival, one of the activities to celebrate 45 years of Vietnam-Thailand diplomatic relations held recently by MM Mega Market Vietnam in Ho Chi Minh City Vietnam and Thailand… Read more »

FNF Lighthouse project connects four Vietnamese exporters with Europe

Enterprises are supported at the Lighthouse project “The Lighthouse project will strive to bring over 10 exporters of agricultural products from Vietnam to Poland within a year if nothing changes,” said Piotr Harasimowicz,… Read more »

Stocks of aviation industry have gone through the boom?

In addition to banking, securities and real estate stocks, the aviation industry group was also assessed to “sublimate” in the second quarter thanks to the controlled epidemic, Vietnam also began to study the… Read more »

Coming to IPO with valuation of $ 34 billion, Grab kicked off the ‘feast’ of Southeast Asian tech startups

Grab and Traveloka are preparing to go public in the coming months, kicking off the “reveal party” of Asian Internet companies. Bloomberg quoted a close source as saying that this week Grab will… Read more »

Finnish Fund increased its investment in HDBank

HDB is the bank share with the largest proportion in the portfolio In March, PYN Elite Fund made many major changes in its portfolio, including banking stock restructuring activities. Shares of VietinBank (HoSE:… Read more »

Billions of bank shares could be listed in 2021

Most banks have reported to increase capital in the annual meeting of 2021. Recently, ABBank (UPCoM: ABB) submitted to shareholders a plan to increase its charter capital by 65% ​​from VND 5,713 billion… Read more »

TPBank wants to sell 40 million treasury shares

The purpose of selling treasury stocks is to increase the number of outstanding shares, restructure capital resources and supplement working capital. TPBank can earn nearly 1,170 billion dong if selling shares at the… Read more »

AAA, HAG, HBC, DHC, APH, CII, CRE, CKG, MCF, NSH: Stock trading information

An Phat Xanh Plastic JSC (AAA): An Phat Holdings Group registered to buy 38 million shares, from April 15 to May 14. After the transaction, the Group plans to hold 155.9 million shares,… Read more »

SCG Health Screening – Newly listed enterprise has become the focus on UPCoM

Accordingly, 50 million SCG shares were officially traded on UpCOM, with the reference price of 20,600 VND / share, the trading band on the first day of listing was +/- 39.8%. Right after… Read more »

Stock market April 13: Liquidity near $ 1 billion in morning, VIC hit ceiling price after information on VinFast IPO

The prosperity of the shares “Vingroup” pushed the market up strongly at the beginning of the session. But the selling increased then causing the index to reverse. Pausing the morning session, the VN-Index… Read more »

What basis to expect VN-Index to go up to 1,400 points at end of year?

According to J.P.Morgan, factors supporting the market include economic growth, prosperous business results, reasonable market valuations and the ability to return foreign capital. VN-Index is forecasted to increase to 1,400 points at the… Read more »

Securities judgment April 13: Testing benchmark of 1,250 points

Interlaced vibrations (Neutral) The VN-Index is forecasted to continue to rise and aim to challenge the resistance zone of 1,275-1,300 points in the short term. Market movements will have a strong differentiation between… Read more »

Dragon Capital buys 1.2 million more shares of steel giant Hoà Phát

HPG shares are being traded at VNĐ49,550 per share on the stock market, up 10 per cent since the end of March but almost flat in recent sessions. Photo Hoà Phát Group HÀ NỘI — Hanoi… Read more »

Many large stocks increased strongly, VN-Index increased nearly 10 points

11h07 The uptrend of VN-Index continued to widen, in which, VIC increased by 4.1% to 48,950 dong / share and was the key factor helping the trading on the market to be more… Read more »

Cash flow trend: purely technical ‘Correction’, upside opportunities still remain

The whole week, VN-Index only increased and exploded on Monday, then weakened and failed to surpass 1,250 points. However, experts are not worried about that. Last week, there were still opinions that the… Read more »

Fund movement April 6-11: Dragon Capital buys Gelex, KIM buys CII

Dragon Capital bought Gelex and Hoa Phat Norges Bank purchased 300,000 shares of Vietnam Electrical Equipment Corporation (Gelex, HoSE: GEX). The transaction helped Dragon Capital to increase its ownership to more than 24… Read more »

Foreign investors continuously hunted for STB shares

At the end of the session on April 9, the total volume of STB of Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank, HoSE) reached 25 million shares, of which foreign investors net… Read more »

Schedule for closing dividend rights, bonus shares for the week of April 12 – April 16

11 companies closed dividend rights and bonus shares in the coming week. FPT Online pays the highest dividend at the rate of 200%. According to statistics, 11 companies announced the closing of dividend… Read more »

Stock market April 12: Real estate and banking group led, VN-Index increased by nearly 11 points

The prosperity of banking stocks, real estate basket VN30 played a role to support the index. Pausing the morning session, the VN-Index increased by 10.8 points (0.88%) to 1,242.46 points, HNX-Index increased by… Read more »

Recommended stocks April 12: PVS, ACV and DGW

VCSC: Recommended market relevance for PVS Viet Capital Securities Company (VCSC) said that Petrovietnam Technical Services Joint Stock Corporation (HNX: PVS) has just announced the AGM document with the goal of 2021 revenue… Read more »