-
18-12-2013, 03:03 AM #1imported_ongthang6789 Guest
Au Viet Securities Co, formerly listed as AVS on the Ha Noi Stock Exchange, announced on Monday that it would dissolve the company. It became the third brokerage to voluntarily cease doing business this year, following the closing of Sao Viet Securities and Cho Lon Securities. The company has six months, from January 1 to June 30 next year, to liquidate its contracts and pay its debts. Currently, Au Viet employs a staff of five, and the payment of salaries and allowances for workers must be finished by June 30 at the latest. To conduct the company closing, it has established an asset liquidation group of seven people, led by chairman Doan Duc Vinh.
The proceeds from the liquidation will be used to pay for employees, taxes and loans. The remainders will then be distributed to shareholders.
Vinh also said he would buy shares from small shareholders. "Shareholders can sell the shares on the over the counter market at negotiated prices," noted Vinh.
As of September 30, Au Viet only had VND221 billion (US$10.4 million) in assets, VND54.6 billion ($2.5 million) in cash, VND86.84 billion ($4 million) in short-term investments and VND20 billion ($943,390) in receivables. The company made a modest profit of VND6.1 billion ($287,700) during the first nine months this year. During the same period last year, it lost more than VND9 billion ($424,500).
Au Viet is still holding shares of Vung Tau Real Estate and Construction (VRC), Cuu Long Fish (ACL), Military Bank (MBB), retailer Pan Pacific (PAN) and HCM City Educational Book (SGD). Vinh said he would gradually sell these shares. Despite having to dissolve the company, Vinh stated he would continue to invest in stocks.View more random threads:
- VLA: Notice of transaction of connected person (Huynh Ba Van
- Construction stocks not profitable in short term: Brokers
- Gainers double losers in HCM City (27/6)
- HNX notice: Alert on ORS removed
- ARM: Notice of record date for Dividend payment in cash
- VN-Index repeats last week’s gains
- Gloom pervades VN-Index
- Ha Noi bourse calls for reference price on first-day trading
- Economic data fails to lift shares
- VND: Notice of record date for dividend payment and share issue to outstanding shares
Các Chủ đề tương tự
-
OGC announces Q3 profit
Bởi Melvinbof trong diễn đàn STOCKs LISTED IN HoSETrả lời: 0Bài viết cuối: 01-12-2015, 03:29 AM -
HAGL boss mulls over resort closure in Da Lat
Bởi Mann trong diễn đàn STOCKs LISTED IN HoSETrả lời: 0Bài viết cuối: 16-09-2010, 04:58 AM -
Help to set up SME brokerage services
Bởi dieuyen trong diễn đàn STOCKs LISTED IN HoSETrả lời: 0Bài viết cuối: 17-08-2010, 05:54 AM -
City bourse set to go past 600: Brokerage
Bởi Ngô Thắm trong diễn đàn STOCKs LISTED IN HoSETrả lời: 0Bài viết cuối: 13-10-2009, 11:25 AM -
Market needs better brokerage service
Bởi TrangNC trong diễn đàn STOCKs LISTED IN HoSETrả lời: 0Bài viết cuối: 12-01-2009, 08:24 AM
Bất chấp những lầm tưởng phổ quát, hồ hết những người có âm đạo đều khó lên đỉnh khi bị kích thích âm đạo. Tuy nhiên, điều đó không có tức là nó không thể vui được! Việc thâm nhập vào âm đạo bằng...
Phái đẹp giải tỏa bằng việc kích...