Saturday, October 22 2016


IB Securities raises its ownership in MHC

Update: September, 26/2015 - 09:11

HA NOI (VNS) — IB Securities Joint Stock Company (VIX) bought 1.2 million shares of MHC Joint Stock Company (MHC) to increase its stakes to 19.4 per cent in MHC.

IB Securities conducted the sale last Monday to raise its ownership in MHC to nearly 5.27 million shares.

During the trading session on September 21, total 12.5 million MHC shares were traded through negotiations at a ceiling price of VND18,000, worth a total of VND225 billion (US$10 million).

At the beginning of this year, MHC doubled the company's chartered capital from VND135 billion ($6 million) to VND271 billion ($12 million) by selling additional shares for its current shareholders. — VNS

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