Cement News tagged under: Vinaconex Xuan Mai Concrete & Construction

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Vietnam producer to delist from Hanoi Stock Exchange

16 October 2013, Published under Cement News

Vinaconex Xuan Mai Concrete & Construction's shareholders have approved a plan to de-list nearly 20m shares from the Hanoi Stock Exchange. To facilitate the plan, Khai Hung Company, a major shareholder of XMC, will buy the shares from other shareholders at not below VND5,600, the floor price of XMC shares on 11 October 2013. Earlier, Khai Hung bought a 51 per cent stake, or 10.2 million shares, of XMC from Vietnam Construction and Import-Export Joint Stock Corporation (Vinaconex). T...