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Brokerage to buy 3m shares in bank

Update: February, 16/2012 - 10:46

HA NOI — Sai Gon-Ha Noi Securities (SHS) registered to buy 3 million shares in the Sai Gon-Ha Noi Bank (SHB) while at the same time selling another 1 million SHB shares, the company announced.

Transactions, to be carried out from Tuesday until April 12, are aimed to restructure the company's investment portfolio. Currently, SHS is in possession of more than 16.7 million SHB shares, about 3.48 per cent of SHB's total shares. SHS is the SHB's securities arm.-VNS

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