PGS, HVG issue & buy shares

Petrovietnam Southern Gas Joint Stock Company (PGS) is estimated to issue 12 million shares to current shareholders with ratio at 31.5 percent in 1st quarter 2015, aiming to increase its chartered capital from VND 380 billion up to VND 500billion.

On December 24, PGS will close its shareholders' list and organize the shareholder meeting on January 16.

Hung Vuong Corp (HVG) has registered to buy more two million shares from VTF (Viet Thang Feed Joint Stock Company) on December 12 to 31, aiming to increase the ownership's rate up to 80.7 percent.

Earlier, HVG bought 4million shares of VTF and it is expected to invest more VND 200billion to enhance the factory plant's capacity from 450,000 tons per year up to 700,000 tons per year

DTTC -Translated by T.Tran

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