The Vietnam Export Import Commercial Joint Stock Bank (Eximbank, stock code: EIB) has just announced related-party transactions.
Specifically, on October 24, Ms. Tran Thi Thanh Nha, spouse of Mr. Ngo Tony, Chief Controller at Eximbank, reported her registration to sell 123,298 EIB shares from October 30 to November 8 to recoup investment.
Ms. Nha plans to sell all her held shares via matching orders. If the transaction is successful and calculated based on the reference price of VND 20,850/EIB share at the close of October 25, Ms. Nha will earn nearly VND 2.6 billion.
Regarding the upcoming extraordinary general meeting in November 2024, Eximbank stated that the discussion on relocating the bank’s headquarters to another location will take place at the meeting and will only be approved if it receives more than 51% of the total votes of the shareholders present at the meeting.
The Insider’s Scoop: Eximbank Insider to Sell Off Shares
In the coming days, Ms. Tran Thi Thanh Nha, who is related to Eximbank’s Chief Controller, will be selling her entire stock holdings.
Technical Analysis for the Session Ending 07/10: Indecision Plaguing the Markets
The VN-Index and HNX-Index rose in tandem, while trading volume plummeted in the morning session, indicating a cautious sentiment among investors.
The Hunt for Shark Money: Proprietary Trading Buys for the 6th Straight Session, Foreigners Continue Selling Streak
Self-managed securities firms recorded their sixth consecutive net-buying session in the October 8 session, with a value of over 94 billion VND, while foreign investors offloaded over 389 billion VND worth of shares, marking their third straight net-selling session.
