The Vietnam Export Import Commercial Joint Stock Bank (Eximbank), stock code EIB, has announced a related-party transaction.
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 order matching. If the transaction is successful and calculated based on the EIB share price of VND 20,850 at the close of October 25, Ms. Nha will earn nearly VND 2.6 billion.
Regarding the upcoming extraordinary general meeting (EGM) in November 2024, Eximbank stated that the discussion on relocating the bank’s headquarters to another location will be on the agenda and will only be approved if it receives more than 51% of the total votes cast by participating shareholders.
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.
Investigate Allegations of Embezzlement Involving Eximbank’s Deputy Branch Director and Accomplices, Amounting to 2,700 Billion VND
During the trial, many victims spoke of their trust in the bank’s reputation, which led them to deposit their money with Vũ Thị Thu Nhung. At the time of the deposits, the accused was still the deputy director of Eximbank’s Ba Dinh branch. In addition, the victims’ lawyer requested to clarify the role and responsibility of an individual named Nguyễn Thị Diệu L. and Nhung’s other subordinates at the bank in luring the victims to make those deposits.
