Viet Tien Son Real Estate: Chairman and two members registered to buy 3.25 million shares

(TEL) Mr. Nguyen Thanh Hai, Chairman of The Board of Directors of Viet Tien Son Real Estate Joint Stock Company (code AAV – HNX floor) has just registered to buy 960,000 shares from May 12 to June 12 for the purpose of increasing the ownership rate. After completing the transaction, Mr. Hai’s ownership in AAV will increase to 32.01%.

Viet Tien Son Real Estate: Chairman and two members registered to buy 3.25 million shares

At the same time, Mr. Nguyen Tuan Anh, Member of the Board of Directors cum General Director of AAV registered to buy 1.79 million shares of AAV, to increase his ownership rate to 7.42% of charter capital.

Previously, Mr. Nguyen Trong Dieu, Member of the Board of Directors cum Deputy General Director of the Company, also registered to buy 500,000 shares from May 10 to June 10, 2021.

In 2021, AAV plans to pay 560 billion VND in revenue, 30 billion VND in profit after tax, an increase of 108% compared to the profit achieved in 2020. AAV will issue shares to pay dividends in 2020 at the rate of 15% and Issued to strategic shareholders to raise capital for real estate investment as well as to buy a clean land fund.

Source: – Translated by

News Related


E & J Gallo to build $423 million production, distribution facility in South Carolina

South Carolina Governor Henry McMaster expects E&J Gallo’s investment to contribute vastly to the state’s economic prosperity. E & J Gallo Winery will invest $423 million in building a new production, bottling, and… Read more »

Quebec museum exhibit to wade into the history and potential of human waste

The excrement that is flushed away in Canadian toilets each day is the world's “most underrated, limitless resource,'' says the creator of a new museum exhibit that delves into one of humankind's messiest subjects.… Read more »

Stocks mixed as investors digest Fed outlook for the economy

Stocks were mixed Thursday as investors continued to interpret new guidance from the Federal Reserve which is now looking at potentially raising interest rates as soon as 2023. The S&P 500 index rose… Read more »

Black transgender women using social media to celebrate, advocate and connect

In one of the first TikTok videos Kissy Duerré posted of herself, she was combing out her afro-textured hair to a trending song.  The content creator from Saskatoon was just trying to pass the… Read more »

Paul Rusesabagina, who inspired Oscar-nominated film, facing prospect of life in Rwandan prison

Rwandan prosecutors on Thursday requested a life sentence for the man who inspired the film Hotel Rwanda as he faces terrorism charges, while his family asserts that he faces mistreatment and an unfair… Read more »

Simu Liu talks Kim's Convenience demise at Banff World Media Festival

Kim's Convenience star Simu Liu says he was not out to end anyone's career when he he shared his criticism of what went on behind the scenes of the now-defunct CBC series. But as… Read more »

UK gets green light to export poultry meat to Japan

The poultry meat would add to the varied collection of UK food in Japan, such as beef, pork, and lamb. The UK has secured market access to Japan for poultry meat, in a… Read more »

China ‘ahead of US’ in monetary policy adjustments, as US Fed revamps interest rate predictions

Economists say China is better positioned than it was in the past to handle “external challenges”, after the US Federal Reserve overhauled its economic and monetary policy predictions in its just-concluded policy meeting.… Read more »

US weekly jobless claims unexpectedly rise

WASHINGTON (REUTERS) – The number of Americans filing new claims for unemployment benefits increased last week for the first time in more than a month, but layoffs are easing amid a reopening economy… Read more »

EU to extend 25% safeguard tariff on S. Korean steel for 3 years

South Korea recorded US$2.39 billion in steel exports to the EU in 2020, down 19.7 percent from the $2.9 billion in 2017. The EU notified the World Trade Organization (WTO) that it would… Read more »

Singer-songwriter Corb Lund and 30 Alberta landowners hold coal mining protest concert

Many rural landowners in the region aren't budging from their opposition to the province's plan to allow open-pit coal mines which has lead to 30 landowners and country star Corb Lund to speak out.… Read more »

Banff World Media Festival brings world-class speakers to attendees in virtual event

A virtual festival full of master classes, keynote speakers and panels for the global media industry started Monday, and the guest list is topnotch. For the second year in a row, the Banff World… Read more »

Central bankers play down soaring cost of living

How big of a raise did you get last year? In Canada or the U.S., if it wasn't in the four to five per cent range you really did not get much of an increase at… Read more »

Holiday home company Roompot takes over Landal GreenParks

A file photo of wooden holiday home in the Netherlands. Photo: Holiday park company Roompot is taking over Landal GreenParks, which has 100 parks in nine different countries. Financial details were not… Read more »

Link Reit, Asia’s largest real estate investment trust, set to recover after posting second-lowest annual revenue growth

Link Reit, Asia’s largest real estate investment trust, reported its second-lowest annual revenue growth ever because of the coronavirus pandemic, but said it was cautiously optimistic about its prospects amid the ongoing economic… Read more »

Singapore loses its top spot in global competitiveness study, now ranks 5th

SINGAPORE – Singapore has tumbled from its top spot as the world’s most competitive economy to fifth place, but remains Asia’s top performing economy. The Republic ranked first in the past two years… Read more »

McDonald’s UK reveals new menu additions plus the return of a popular snack

Photo by: McDonald’s UK/Twitter McDonald’s UK is offering something new to its customers, and they would surely love the latest additions. A menu item is also making a comeback, so there are more… Read more »

Victorian residents fleeing the state in droves, according to new ABS data

Industry leaders fear the Victorian economy will be “jeopardised” after new data revealed the alarming rate residents are abandoning the state. As Melbourne recovers from its latest citywide lockdown following a Covid-19 outbreak,… Read more »

Coca-Cola's market value drops by $4 billion after Ronaldo snub

Ronaldo moved out of the view of the cameras the two bottles of Coca-Cola in front of him. Coca-Cola's market value dropped by $4 billion, from $242 billion to $238 billion after soccer… Read more »

Yonhap News Summary

The following is the second summary of major stories moved by Yonhap News Agency on Thursday. ——————-(LEAD) S. Korea to begin inoculating younger population in July, allow ‘mix and match’ jabs SEOUL —… Read more »

Corporate sales rebound, profit margin grows in Q1 amid pandemic

gettyimagesbank South Korean companies saw their profitability continue their growth in the first quarter, with their sales rebounding from the fallout of the COVID-19 pandemic, central bank data showed Thursday. The ratio of… Read more »

Coupang to launch new distribution center in Busan

SEOUL, June 17 (Yonhap) — South Korean e-commerce giant Coupang Inc. said Thursday it will invest 220 billion won (US$195 million) to launch a new distribution center in the southeastern port city of… Read more »

New Zealand economy back to pre-pandemic levels

The New Zealand economy grew 2.4 per cent in the 12 months to the end of March, driven by spending on hospitality and big-ticket retail goods. WELLINGTON (AFP) – New Zealand’s economy posted… Read more »

Covid 19 coronavirus: NZ avoids second pandemic recession thanks to strong GDP data

Stronger than expected GDP data for the first three months of 2021 shows New Zealand avoided a second pandemic recession. Gross domestic product (GDP) rose by 1.6 per cent in the March 2021… Read more »

(News Focus) Fed's hawkish tone sets stage for BOK's rate hike this year

By Kim Deok-hyun SEOUL, June 17 (Yonhap) — As the U.S. Federal Reserve hinted that it may raise interest rates earlier than previously projected, it could prod the Bank of Korea (BOK) to… Read more »

(LEAD) Preliminary preferred bidder set to acquire Eastar: sources

(ATTN: ADDS Sung Jung chairman’s comments and details in paras 5-6) SEOUL, June 17 (Yonhap) — South Korean property developer Sung Jung, the preliminary preferred bidder for Eastar Jet Co., is set to… Read more »

Keith Pitt says Nationals not consulted over PM’s ‘very clear’ plan for net zero target

A rift in the government over climate change has widened after a senior National claimed the party was not consulted over Scott Morrison’s “very clear” move to net zero emissions. The Prime Minister… Read more »

Corporate sales rebound, profit margin grows in Q1 amid pandemic

SEOUL, June 17 (Yonhap) — South Korean companies saw their profitability continue their growth in the first quarter, with their sales rebounding from the fallout of the COVID-19 pandemic, central bank data showed… Read more »

(LEAD) S. Korea vigilant over market volatility after Fed's hawkish stance

(ATTN: UPDATES with more details, market reaction in paras 2,3,7,8; UPDATES photo)By Kim Soo-yeon SEOUL, June 17 (Yonhap) — South Korea will closely monitor the financial market as market volatility could increase following… Read more »

Australian unemployment tumbles to 5.1% in May as jobs surge

The decline in the jobless rate is now back to the level in February 2020. SYDNEY (BLOOMBERG) – Australia’s unemployment rate tumbled in May in response to a burst of hiring, led by… Read more »

Preliminary preferred bidder set to acquire Eastar: sources

SEOUL, June 17 (Yonhap) — South Korean property developer Sung Jung, the preliminary preferred bidder for Eastar Jet Co., is set to acquire the financially troubled budget carrier, beating a sole bidder in… Read more »

PM Morrison says Australia ‘working hard’ to avoid war with China

Australia is working “hard to prevent” tensions with China escalating to a Cold War, but its allies “know full well” the threat in the Indo-Pacific, the prime minister says. Scott Morrison was returning… Read more »

S. Korea vigilant over market volatility after Fed's hawkish stance

By Kim Soo-yeon SEOUL, June 17 (Yonhap) — South Korea will closely monitor the financial market as market volatility could increase following the Federal Reserve’s signal of an earlier-than-expected rate hike, a senior… Read more »

S'pore non-oil exports growth pick up pace in May, but came lower than expected

Nodx rose 8.8 per cent last month, following the 6 per cent gain in April. SINGAPORE – Singapore’s non-oil domestic exports (Nodx) grew at a faster rate in May compared with the previous… Read more »

S. Korea to place policy priority on increasing home supply: minister

SEOUL, June 17 (Yonhap) — South Korea’s top economic policymaker said Thursday the government will focus on increasing the housing supply in a bid to curb market expectations for continued rises in home… Read more »

Moon attends Spain's business forum with King Felipe VI

BARCELONA, June 16 (Yonhap) — South Korean President Moon Jae-in attended a major annual economic forum of Spain with King Felipe VI on Wednesday. Addressing the inaugural dinner of the three-day event in… Read more »

Fed sees two rate hikes by end of 2023, inches towards taper

Chairman Jerome Powell (above, in a file photo) said officials had begun a discussion about scaling back bond purchases. NEW YORK (BLOOMBERG) – Federal Reserve officials signaled that the pace of the US… Read more »

Hyundai Heavy successfully test-runs autonomous cruise ship

HHIH’s 12-person cruise ship is not technically equivalent to “degree four” of automation identified by the International Maritime Organization (IMO) since crew members were on board for safe sailing. Hyundai Heavy Industries Group… Read more »

SsangYong Motor's first EV to be launched in Europe on October

SsangYong vows to realign its structure to develop competitive eco-friendly models to achieve viability and catch up with industry trends. SsangYong Motor Co. will launch its first electric vehicle (EV) dubbed Korando Emotion… Read more »

S. Korea eyes carbon neutrality by commercializing carbon capture and utilization products by 2030

Carbon capture and utilization technology is still in the early stages of development and South Korea plans to go carbon neutral by commercializing 14 carbon capture and utilization products by 2030 and to… Read more »

Kakao edges Naver for third spot among S. Korea's most valuable firms

Kakao’s shares increase 1.4 percent to reach a record high of 144,500 won on Tuesday, extending its winning streak to the seventh day. Kakao Corp. posted a market capitalization of 64.1 trillion won… Read more »

Spanish firms to invest US$200 mln in Korean green energy biz

SEOUL, June 16 (Yonhap) — Two Spanish companies will invest a combined US$200 million in the renewable energy business in South Korea, Seoul’s trade ministry said Wednesday. Madrid-based Ocean Winds decided to make… Read more »

Moon proposes close partnerships with Spain in low-carbon, digital sectors

MADRID, June 16 (Joint Press Corps-Yonhap) — South Korean President Moon Jae-in proposed closer partnerships between his country and Spain on low-carbon and digital economies, while attending a joint business forum here Wednesday… Read more »

China's factory output, retail sales, investment all miss expectations in May

Most China watchers had expected some moderation in May output. BEIJING (REUTERS) – Growth in China’s factory output slowed for a third straight month in May, possibly due to disruptions caused by COVID-19… Read more »

McCormack sarcastically suggests sending mice to the inner cities in attack on PETA

Michael McCormack has sarcastically suggested mice be sent to the inner cities to “scratch their children at night” as he took aim at PETA for criticising the poisoning of rodents during the ongoing… Read more »

(LEAD) Shinsegae-led consortium picked as preferred bidder for eBay Korea: sources

(ATTN: ADDS more details in paras 5-7)By Chung Joo-won SEOUL, June 16 (Yonhap) — A South Korean conglomerate Shinsegae-led consortium has been picked as the preferred bidder for eBay Korea, the South Korean… Read more »

Fed expected to signal start of monetary policy shift debate

Any actual change in monetary policy is likely months down the road as the Fed balances a variety of risks. WASHINGTON (REUTERS) – US Federal Reserve officials on Wednesday (June 16) are expected… Read more »

Appeal court affirms $3 billion ruling for HP against Oracle

Oracle breached a provision in the agreement requiring it to continue to offer its software on HP’s Itanium server platform. The California Court of Appeal affirmed a 2016 verdict finding Oracle liable for… Read more »

Banks' loan delinquency rate rebounds in April

SEOUL, June 16 (Yonhap) — The delinquency rate for South Korean banks’ won-denominated loans rebounded in April from a record low the previous month as lenders cleared smaller amounts of bad debts, the… Read more »

Residents' FX deposits fall in May

SEOUL, June 16 (Yonhap) — Foreign currency deposits at banks in South Korea declined in May from a record high in the previous month as some companies withdrew their FX holdings, central bank… Read more »