Publishing house to divest capital from Tân Mai Group

A book store of Việt Nam Education Publishing House Limited Company. — Photo doisongphapluat.com

HÀ NỘI — Việt Nam Education Publishing House Limited Company will auction off 7,216,576 shares at Tân Mai Group at the Hà Nội Stock Exchange (HNX) on April 29.

The shares are equivalent to VNĐ72.1 billion (US$3.07 million), accounting for 8.1 per cent of the group's charter capital with an initial price of VNĐ11,500 per share.

Tân Mai Group, formerly known as Việt Nam Paper Technology Company, was established in 1958 as a State-owned company.

It has been equitised and operated as a joint-stock company since 2006.

The company has undergone seven increases of charter capital from 2006 to 2013 from VNĐ348 billion to VNĐ890 billion.

Shareholders holding more than 5 per cent of the company's charter capital include Việt Nam Paper Corporation (22.6 per cent), Việt Nam Education Publishing House Limited Company (8.1 per cent) and an individual (61.7 per cent).

Before 2012, the company's main product was paper. Currently, the company's main activity is investing in real estate and forestry projects.

The company has suffered losses since 2012 due to ceasing paper production. — VNS

Tags Hà Nội Stock Exchange HNX

E-commerce connection and development forum opens this month

Economy

Chu Lai Port starts new direct shipping route to US

Economy

Bilateral trade turnover between Việt Nam and Mongolia triples

Economy

Fashion manufacturing plant worth $20 million given green light in Bình Định

Economy

Appliance, cleanroom and high-tech factory exhibition to be held this week

Economy

HDBank wins three awards at Vietnam Listed Company Awards 2024

More on this story

Economy

PV Power fulfills 23 per cent of yearly revenue target in Q1

The company recorded more than 5,267 million kWh of electricity output in the quarter.

Economy

Investment in HCM City export processing, industrial zones up 86%

Export processing and industrial zones in HCM City saw US$117 million of investment poured into the zones in the first quarter, a 86 per cent increase compared to the same period last year, according to the HCM City Export Processing and Industrial Zones Authority.

Economy

Bà Rịa – Vũng Tàu to grant ownership certificates for condotels

The municipal Department of Natural Resources and Environment would be in charge of providing detailed instructions for granting land and house ownership certificates for condotels.

Economy

VAMA sales of cars drop 33 per cent in Q1

The firms sold just more than 50,000 cars in the period, marking a year-on-year decrease of 33 per cent.

Economy

Dating apps sees potential in Việt Nam as users surge amid COVID-19

Dating apps are nothing new to many Vietnamese people, but the COVID-19 pandemic seems to have increased their popularity.

Economy

Hà Nội office market has good performance in Q1: CBRE

HÀ NỘI – The Hà Nội office market fared relatively well in the first quarter this year despite having the novel coronavirus COVID-19 outbreak, according to the CBRE Việt Nam.

Economy

SMEs struggle to access credit support package

Small and medium sized enterprises (SMEs) are finding it difficult to access the government's credit package worth VNĐ250 trillion (US$10.7 billion) to support those affected by the COVID-19 outbreak because of a lack of trust in their ability to repay.