Foreign investors boost stake in steelmaker

A group of eight foreign investors bought shares of steel maker Hoa Phat (HPG) to increase their stake from 8 per cent to 9.07 per cent, the company has announced.

The change in ownership will be effective from December 23.

Specifically, Norges Bank bought an additional 3.7 million HPG shares to hold 2.42 per cent in the company, while Ireland's DC Developing Markets Strategies and Singapore's The CH/SE Asia Investment Holdings raised their stakes by 0.14 per cent and 0.05 per cent, respectively.

vietnamnews

>   US tapering likely to benefit VN (21/12/2013)

>   Liquidity high as shares tumble (21/12/2013)

>   Stock ineligible for margin trading (20/12/2013)

>   HOSE: Notice of Holiday Schedule 2014 (20/12/2013)

>   Renewed investor confidence spurs rally (20/12/2013)

>   Analysts upbeat on securities outlook (20/12/2013)

>   SHN: Explanation for 10 consecutive ceiling-hitting sessions (19/12/2013)

>   Investor caution takes its toll on City stock market (19/12/2013)

>   Shares rebound on eased selling pressure (18/12/2013)

>   SCIC withdrawal stimulates markets (17/12/2013)