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09-01-2016 04:04 PM #1
Gold Member- Ngày tham gia
- Dec 2011
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SSI increases stake in fertiliser company
Sai Gon Securities Inc (SSI) has purchased 30,000 shares of Van Dien Fused Magnesium Phosphate Fertilizer Joint Stock Company (VAFCO). Due to the transaction on December 30, SSI increased its shares of VAFCO from 4.95 per cent to 5.05 per cent of the company.
ADVERTISINGVAFCO was established in 1963 to manufacture and sell phosphate and fertilisers, as well as import fertilisers and raw materials. Currently, VAFCO has charter capital of VND289 billion (US$12.8 million).
SSI earned VND960 billion ($42.6 million) in revenue and VND755 billion ($33.5 million) in pre – tax profits in the first nine months of 2015.
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