Vietnam Container Shipping Joint Stock Company (Viconship, code VSC on HoSE) and its two subsidiaries have just reported transactions that increased their ownership in Haian Transport and Stevedoring Joint Stock Company (code HAH on HoSE).
Specifically, Viconship purchased 473,200 HAH shares during the May 20 session and bought 681,000 shares during the May 21 session. As a result, Viconship’s ownership increased from 13.09 million shares (accounting for 10.08% of HAH’s charter capital) to 14.24 million shares (representing 10.06%).
Similarly, Viconship’s subsidiary, Green Port Service One-Member Limited Liability Company, also purchased a total of 496,600 HAH shares in three sessions from May 20-22. Thus, the company raised its ownership from 933,700 shares (0.719% of HAH) to 1.43 million shares (1.1% of Haian Transport and Stevedoring).
Another Viconship subsidiary, Green Logistics Center One-Member Limited Liability Company, also bought a total of 383,000 shares in the three sessions from May 20-22, thereby increasing its ownership from 1.05 million HAH shares, or 0.815% of Haian Transport and Stevedoring, to 1.44 million shares, or 1.11%.
Following these transactions, the Viconship group has increased its total ownership to 17.11 million shares, representing 13.18% of Haian Transport and Stevedoring’s capital.
Viconship group increases ownership to 13.18% of Haian Transport and Stevedoring
In other news, Viconship held its 2025 Annual General Meeting of Shareholders on April 25 in Quang Ninh. The meeting approved a revenue plan of VND 2,790 billion for 2025, unchanged from the previous plan, while the profit before tax target was adjusted upward by 32% to VND 400 billion. The expected dividend ratio for 2025 is 10%.
Viconship proposed a dividend plan for 2024 with a total ratio of 8%, including 5% in cash and 3% in shares, replacing the initial plan of 7.5% entirely in shares. With nearly 300 million shares currently in circulation, the company plans to spend about VND 150 billion on cash dividends and issue nearly 9 million new shares to shareholders.
In addition, Viconship will issue bonus shares from equity capital with a ratio of 22% (shareholders owning 100 shares will receive 22 new shares). The total number of shares to be issued is expected to be nearly 65.9 million. The issuance is planned for the second and third quarters of 2025, pending approval from the State Securities Commission of Vietnam. If all issuances are completed, Viconship’s charter capital will increase to VND 3,744 billion.
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