Thursday, 28/01/2010 19:22

SVC: Trading result of affiliated institution

Saigon General Service Corporation (SAVICO) has disclosed trading result of an institution affiliated with an inside shareholder as follows:

* Stock symbol: SVC     

* Trader: BenThanh Group

* Affiliated person: Mr. Nguyen Vinh Tho

* Position of Mr. Nguyen Vinh Tho in the listed firm: Chairman of the Board of Directors and  CEO

* Owning volume before trading: 6,776,393 shares (33.28%)

* Registered volume to sell: 500,000 shares

* Sold volume: 145,670 shares

* Owning volume after trading: 7,630,723  shares (30.53%) (The volume is higher than the volume owned before trading because BenThanh Group bought additionally shares from a private placement to increase SAVICO’s capital to VND 249,955,730,000)

* Trading period: From October 22, 2009 to January 21, 2010

* Reason of incomplete transaction: Because of the market fluctuations.

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