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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