This week, 30 enterprises announced the closure of rights to pay dividends, with 28 companies paying dividends in cash, 2 enterprises paying stock dividends, and 2 companies paying combined dividends.
Comings and Goings
From September 6th, Mr. Pham Anh Duong, Chairman of the Board of Management of An Phat Holdings Joint Stock Company (stock code: APH), resigned due to personal reasons. It is expected that at the beginning of October, APH will meet and proceed to elect a new chairman of the Board of Management to replace him.
Chairman of An Phat Holdings Joint Stock Company steps down after 22 years.
Mr. Duong is the founder and has led APH for 22 years. During his leadership, An Phat Holdings had 18 member companies and achieved great results in both business and social contributions.
Hai Phat Investment Joint Stock Company (stock code: HPX) has just dismissed Mr. Le Hong Son from the position of Chief Accountant and appointed Mrs. Nguyen Thi Phuong Nga to replace him. Prior to her appointment, Ms. Nga did not hold any position at HPX.
Ms. Nga is 48 years old and is also the Chief Accountant at Thanh Nhan Construction and Trading Investment Joint Stock Company, An Thinh Investment Joint Stock Company, and Opal Vietnam Architecture and Planning Consulting Joint Stock Company. Ms. Nga is the Director of HVT Bac Kan Joint Stock Company.
On May 3, HPX dismissed Mr. Doan Hoa Thuan from the position of General Director for the term 2024 – 2029 and appointed Mr. Nguyen Van Phuong to replace him.
Mr. Thuan submitted his resignation due to differences in management and company management views, so he could no longer continue to participate in the work.
On April 19, HPX received the resignations of a series of leaders, including two members of the Board of Directors, Mr. Vu Hong Son and Mr. La Quoc Dat, and Mr. Bui Duc Tue, a member of the Supervisory Board. The reason for the resignation of the three HPX leaders is that they are busy with personal work, so they cannot hold the position.
Most recently, on August 16, HPX dismissed Mr. Nguyen Manh Tien from the position of Deputy General Director. Mr. Tien, 58, had just been appointed Deputy General Director for the term 2024 – 2029 from April 2 instead of Mr. Do Quy Thanh. Thus, Mr. Tien has held the position of HPX Deputy General Director for just over 4 months.
Novaland has an additional deputy general director.
Novaland Group (stock code: NVL) has just announced the resolution of the Board of Directors on the appointment of Mr. Duong Van Bac as Deputy General Director cum Chief Financial Officer of Novaland.
Mr. Duong Van Bac holds a Master of Finance and Banking from CFVG, with over 17 years of experience in finance and real estate, with expertise and strengths in valuation, capital mobilization, and investment activities.
Huge Dividends
The State Securities Commission has just granted a certificate of registration for public offering of shares to Siba High-Tech Mechanical Engineering Group Joint Stock Company (Siba Group, stock code: SBG). Accordingly, Siba Group will offer 11.5 million shares within 90 days from the effective date of the registration certificate.
Specifically, Siba Group offers shares to existing shareholders at a ratio of 100:46, meaning that for every 100 shares owned, shareholders will be entitled to buy 46 new shares at a price of VND 10,000/share. With 25 million shares currently in circulation, Siba Group will issue an additional 11.5 million shares to raise VND 115 billion. The company plans to use the proceeds to pay off its purchase debts.
Viettel Post Joint Stock Company (Viettel Post, stock code: VTP) will establish a subsidiary in Laos with an investment of over VND 136 billion, equivalent to over USD 5.34 million. The name of the company is Viettel Post Laos One Member Company Limited. The company’s goal is to invest in infrastructure and do business in forwarding services, warehousing, domestic and international freight forwarding, goods trading and services, e-commerce, import and export, and freight forwarding services.
Vietnam National Gas Company pays huge dividends.
Vietnam National Gas Company (PVGas, stock code: GAS) announced that it will close the list of shareholders on September 16 to pay 2023 dividends in cash at a rate of 60%, meaning that for every 1 share owned, shareholders will receive VND 6,000.
With nearly 2.3 billion shares currently in circulation, the total amount of money GAS paid was VND 13,780 billion. Most of this money will belong to the Vietnam National Oil and Gas Group (stock code: PVN) – the parent company of GAS, which currently owns nearly 96% of GAS’s charter capital.
On September 16, Net Detergent Joint Stock Company (stock code: NET) will close the list of shareholders to pay 2023 dividends in cash at a rate of 50%. With nearly 22.4 million shares currently in circulation, NET will spend about VND 112 billion on dividends. The expected payment date is September 27.
Digiword Joint Stock Company (Digiword, stock code: DGW) will close the list of shareholders on June 19 to pay 2023 dividends with a total rate of 35%, including 5% in cash and 30% in shares – corresponding to shareholders owning 100 shares will receive 30 new shares.
With more than 167 million shares currently in circulation, DGW will spend about VND 84 billion on cash dividends to shareholders and issue an additional 50 million shares, raising its charter capital to nearly VND 2,200 billion.
“Pocketing” 8.6 Billion VND in 2023, Sacombank’s Chairman of the Board Leads Vietnam’s Banking Sector in Earnings
The recently published survey by FiinGroup reveals that the Chairman of Sacombank’s Board of Directors boasts an impressive income of 8.6 billion VND in 2023, surpassing the average income of 4.1 billion VND for chairpersons in the banking industry. This news comes as Sacombank also faces the fact that it has not paid dividends to shareholders for nine years.
