Transport and Industry Development Investment Joint Stock Company (Tracodi)

Tracodi shares have just listed, Intact Management has rushed to collect 10% of the shares

06/06/2017
Intact Management Co. Ltd has just announced the trading results of TCD shares of Transport and Industry Development Investment Joint Stock Company (Tracodi – securities code TCD). Accordingly, on 30 May, Intact Management purchased 3,248,500 shares equivalent to 10% charter capital of Tracodi and became a major shareholder. Prior to this transaction, Tradico has not owned any TCD shares yet.

Also on 30 May, there were 3,298,500 TCD shares traded with an average price of VND 13,515 per share, it means that the transaction is worth nearly VND44.58 billion. Currently, there is no seller information.

All 32,485,000 TCD shares were officially traded on HoSE since May 26 with the reference price on the first trading day of VND 16,000/share. After 10 days of listing, TCD shares fell to VND 15,100 per share.

Bamboo Capital is currently the parent company owning Tracodi's 53.6% shares. This is also Tracodi's only major big shareholder before the arrival of Intact Management.

Vĩnh Xuân

Source: http://cafef.vn/co-phieu-tracodi-vua-len-san-intact-management-da-voi-gom-10-co-phan-20170605221109267.chn