Novaland to finalise shareholders’ list for bonus shares

Novaland to finalise shareholders’ list for bonus shares

Large-cap property developer Novaland (HOSE: NVL) will finalise on March 28 the list of shareholders to whom the company will issue bonus shares on a 100:31 ratio.  
Bank execs’ income in spotlight

Bank execs’ income in spotlight

At the AGM season, bank leaders’ incomes are coming into focus, with figures touching millions of dollars, even at banks that will not pay dividends this year.
Sacombank board reshuffled

Sacombank board reshuffled

Shareholders of Saigon Thuong Tin Commercial Bank, or Sacombank, during the general meeting last Saturday approved the resignations by five board members in a major leadership shakeup.
Sacombank in Eximbank’s crosshairs

Sacombank in Eximbank’s crosshairs

Manoeuvres in the dark for the hostile acquisition of Sacombank are now out in the open.
Foreigners to take stock of draft decree

Foreigners to take stock of draft decree

A draft decree which introduces certain strict requirements and conditions for share acquisitions may raise concerns to foreign investors who are interested in buying shares in credit institutions in Vietnam, write Dang Duong Anh, executive partner and Nguyen Vu Quynh Lam, senior associate of Vilaf law firm.
Guaranteeing  more transparency

Guaranteeing more transparency

Fresh moves have been made to add extra clarity to the management of government guarantees. Vision & Associates partner Luu Tien Ngoc investigates whether the move will bear fruit.
Firms fight over one bone

Firms fight over one bone

Shareholders Vinacomin and Hoa Phat Group want to be dominant players in the Thach Khe Iron Joint Stock Company.
Swap plan favours minors

Swap plan favours minors

FPT Corporation, Vietnam’s biggest publicly traded telecommunications and software company, will merge with its three subsidiaries this year by issuing its own shares to swap with the units’.
New legislation to curb outstanding new year issues

New legislation to curb outstanding new year issues

In 2010, Vietnam’s economy witnessed a lot of bad news, including the Vinashin scandal, the over-inflation of the local currency, the super-inflation of consumer price index (CPI), the increase in gold and US dollar prices weakening the local currency, the gloomy securities markets and proposed bond issuances from large corporations.
Decree 102 implementing the Enterprise Law  Addressing investors’ heavyweight concerns

Decree 102 implementing the Enterprise Law Addressing investors’ heavyweight concerns

The regulatory framework for corporate capitalisation, mainly provided for in the Enterprise Law and its old implementing Decree 139, gave investors and shareholders flexibility in capitalisation matters.
Banking on some fresh changes

Banking on some fresh changes

The National Assembly passed the new Law on Credit Institutions on June 16, 2010 (“New Law”) to repeal and replace the Law on Credit Institutions dated December 12, 1997, as amended on June 15, 2004 and its implementing regulations (collectively referred to as “Old Law”).
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