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TPB: Mobifone reports the result of divestment in TPB On October 02, 2018, the Mobifone Corporation reports the result of divestment in Tien Phong Commercial Joint Stock Bank (TPB) as follows:
Information on transaction organization:
- Company name: Mobifone Corporation
- Address: Mobifone Building, lot VP1, Yen Hoa Ward, Cau Giay District, Ha Noi City.
- Number of shares holding before trading: 5,549,914 shares, equivalent to the holding ratio of 0.95%
- Number of registered shares to sell: 5,549,914 shares
- Sold volume: 0 share
- Beginning price: 29.510 dongs/share
- Total amount: 0 dongs
- Number of shares holding after trading: 5,549,914 shares, equivalent to the holding ratio of 0.95%
- Trading method: order matching and put through
- Exchange floor: HOSE
- Trading time: Q3.2018 (from the time of information disclosure until 30 September, 2018)
- Reason for the divestment is unsuccessful: Because the stock market's volatility, TPB's stock price fluctuated from VND23,900 to VND27,500 for a share and was lower than the beginning price of VND29,510. Therefore, Mobiphone has not been able to withdraw capital at Tien Phong Commercial Joint Stock Bank (TPB).
HOSE
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