Why did Viettel Post's stock price surge?

(NLĐO) - The Board of Directors of Thu Do Securities Joint Stock Company has approved the decision to appoint Mr. Nguyen Huy Minh to the position of General Director of the company after it had been vacant for 3 months.

*VRE: As of the end of Q3/2024, Vingroup divested 100% of the charter capital of SDI Investment and Trading Development Company Limited. SDI currently owns over 99% of the charter capital of Sado Trading Company Limited, thereby indirectly owning 41.5% of Vincom Retail (stock code: VRE).

The total value of the transaction is approximately VND 39,100 billion (equivalent to USD 1.56 billion). After the transaction, VIC still holds 18.8% of VRE's shares.

*VTP: At the close of trading on November 7th, VTP shares of Viettel Post Joint Stock Company (Viettel Post) surged to the ceiling price of 102,100 VND/share, an 83% increase compared to the beginning of 2024.

Not only Viettel Post, but other stocks in the Viettel group also rose sharply today, such as VGI shares which increased by more than 7%, VTK shares increased by nearly 6%, and CTR shares increased by more than 2%.

VTP shares surged after Viettel Post announced a Board of Directors resolution approving the investment plan for the Viettel Logistics Park project in Lang Son . This move aims to expand into import-export services, warehousing, domestic freight transportation, and international e-commerce.

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CASC: On November 4th, the Board of Directors of Capital Securities Joint Stock Company (CASC) approved the decision to appoint Mr. Nguyen Huy Minh as the company's General Director, a position that had been vacant for three months since Mr. Dinh Ngoc Dung was dismissed on August 5th.

*TNA: The Ho Chi Minh City Stock Exchange (HOSE) recently announced that it is considering the mandatory delisting of TNA shares of Thien Nam Import-Export Trading Joint Stock Company (Thien Nam Group) due to the listed company's serious violation of information disclosure obligations...

*ACB: Asia Commercial Bank (stock code: ACB) has successfully issued bond issue ACBL2426012 worth VND 1,500 billion, with an interest rate of 5% per year, a term of 2 years, and an expected maturity date of October 30, 2026.

Dividend payments:

*NTC: Nam Tan Uyen Industrial Park Joint Stock Company (stock code NTC) will pay a cash dividend for 2023 at a rate of 60%. The record date is November 25th.

*NLG: Nam Long Investment Corporation (stock code: NLG) has just announced the issuance of shares under a long-term incentive bonus policy for senior leaders and managers (ESG). Specifically, Nam Long will issue 297,833 NLG shares at a price of 0 VND/share to 54 senior leaders and managers.

Source: https://nld.com.vn/chung-khoan-truoc-gio-giao-dich-8-11-vi-sao-co-phieu-viettel-post-tang-dung-dung-196241107215640529.htm