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Brokerage resigns seat on exchange

Update: December, 20/2012 - 10:04

HA NOI (VNS)— Nam An Securities Co will resign its seat on the Ha Noi Stock Exchange in a move approved by the firm's shareholders. The brokerage stopped opening new client accounts last Wednesday and will transfer all existing accounts to Dong A Bank Securities Co. Nam An reported a loss of VND71.8 billion (US$3.4 million) at the end of the third quarter, an amount equal to over 50 per cent of the company's charter capital. — VNS

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