Sunday, January 6, 2008

VNM: Information of the percents that foreign investors recently own

VNM: Information of the percents that foreign investors recently own
Enterpreted from www.vse.org.vn

According to No1344/UBCK-TTTT of the State Securities Commission, Vinamilk is approved to issue all the additional shares (equivalent to 5% charted capital) on the overseas exchange and is approved to deposit through the secondary accounts of Singapore Securities Depository which are directedly created at Vietnam Securities Depository.
Vietnam Securities Depository take the duty of supervision so that the percents owned by foreigners don’t exceed 49% (including: the percents owned by Singapore Securities Depository don’t exceed 3% after issuance and don’t exceed the percents listing on Singapore Securities Exchange)
Therefore the percents of foreigners on Vietnam Securites Exchange now is 46%

Implementing the content in No1344/UBCK-TTTT, on Jan 04,2008 Vinamilk have sent document to announce that the change date of the room for foreigners on HoChiMinh Securities Exchange (HOSE) in to 46% of charted capital is Jan,07,2008.

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