Techcombank plans 10% stake issue to foreign strategic investors

Techcombank plans 10% stake issue to foreign strategic investors

Major Vietnamese private lender Techcombank plans to issue a 10% stake to overseas strategic investors, given its current self-capped foreign ownership of 22%, said chairman Ho Hung Anh.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thai shareholder to pocket $22.7 mln as Binh Minh Plastics pays dividends of 126%

Thai shareholder to pocket $22.7 mln as Binh Minh Plastics pays dividends of 126%

Major shareholder Nawaplastic Industries, a member of Thailand’s Siam Cement Group (SCG), will receive over VND567 billion ($22.65 million) in cash as Binh Minh Plastics JSC plans to devote up to 99% of its 2023 after-tax profit to dividends at a rate of 126%.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

IP developer Kinh Bac backs out of plans to buy fund shares, pay dividends

IP developer Kinh Bac backs out of plans to buy fund shares, pay dividends

Leading industrial park developer Kinh Bac will propose canceling plans to buy fund shares and paying a 20% cash dividend at an upcoming extraordinary general meeting (EGM) of shareholders.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

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