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Military Bank executives to sell stock options

Update: March, 10/2012 - 08:27

HCM CITY — Four Military Bank (MBB) executives have sold their rights to purchasing shares in the bank's upcoming issue, it announced.

They include Tran Thi Kim Thanh, member of the board of directors; Tran Thanh Binh, member of the board of control; Le Thi Loi, financial manager; and Cao Thi Thuy Nga, deputy director general. All retained their current holdings but sold their share purchase rights worth a total of over 480,000. Transactions were carried out on Monday and Tuesday.

The Military Bank plans to issue 170 million shares to raise its charter capital to VND9 trillion (US$428,6 million). — VNS

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