Enterprise

"REE Corporation (HOSE: REE) is excited to announce a 15% stock dividend for the year 2023. Shareholders on record as of May 21, 2024, will be eligible for this dividend payout."

Once a small enterprise with a capital of less than 50 billion VND, this business languished for years with revenues ranging from a mere few billion to over a hundred billion VND, and profits of only a few million to a few billion VND. However, this construction company underwent a dramatic transformation and rapid growth in the transportation infrastructure sector after a series of aggressive moves, including continuous stock issuances and a powerful shift in its upper-level structure.

On May 10, 2024, a momentous occasion took place at the State Securities Commission (SSC) headquarters. The ceremony witnessed the announcement of the Ministry of Finance's decision to appoint Mr. Bui Hoang Hai as the Vice Chairman of the SSC. Mr. Hai, an esteemed veteran of the securities industry, currently serves as the head of the Securities Offering Management Department at the SSC. With a wealth of experience and expertise, he is set to play a pivotal role in steering the commission toward new heights.

After 3 years of holding shares in HVS Securities, the 3 existing shareholders have registered to sell over 5 million shares, offloading their entire stake.

Digiworld Corporation (HOSE: DGW) is proud to announce the appointment of Shekhar Himanshu as its new Vice President. Mr. Himanshu brings a wealth of experience to the role, currently serving in a pivotal position at Whirlpool, a strategic partner of DGW.

Recently, Hoa Sen Group Joint Stock Company (HOSE: HSG) injected an additional VND 200 billion into Hoa Sen Yen Bai Company, the owner of a commercial services and hotel project in Yen Bai province.

The Board of Directors of Tipharco Pharmaceutical Joint Stock Company (HNX: DTG) on May 6th approved a plan to issue shares to pay dividends to shareholders for the fiscal year 2023, as per the resolution of the 2024 Annual General Meeting of Shareholders.

The Hoa Phat Group Joint Stock Company (HOSE: HPG) will finalise the list of shareholders eligible for the additional share issuance on May 25th, 2024. The ex-rights date for this issuance is set for May 24th, 2024.

The Ministry of Transport has approved the Cai Mep International Terminal to receive container vessels with a reduced deadweight tonnage of up to 214,121 DWT.

The market seems to have entered a phase where investors eagerly await dividends from a multitude of businesses. From May 13 to 17, a substantial number of 44 enterprises will close the rights to cash dividends. Notably, the highest ratio reaches 61%, implying that for every share owned, investors will receive a substantial 6,100 VND.