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Home Stocks & Market Stocks & Securities TRI to delist shares from STC

TRI to delist shares from STC

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In the latest meeting, shareholders of Saigon Beverage Joint Stock Co (coded TRI) have already approved for delisting the shares on Hochiminh Stock Exchange (STC). Accordingly, the company planned to delist 27,548,360 shares worth over 275.48 billion dong. The shareholders have authorised the management board for making necessary procedures for delisting those shares on the stock market. By the end of September, the company reported gaining accumulative revenue of 542.4 billion dong, consolidated profit of 85.2 billion dong. However, the sales costs counted for 106 billion dong, resulting in net profit of negative 45 billion dong, and after tax profit of negative 42.9 billion dong. Up to September 30, TRI's ownership capital was posted at 23.3 billion dong, down 43 billion dong against early 2011.

Source: www.intellasia.net/news/articles/stock_market/111350922.shtml


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