ACB may sell treasury shares to raise capital: HSC – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The Asia Joint Stock Commercial Bank (ACB) plans to propose shareholders approve its plan to sell 41.4 million treasury shares to raise charter capital. — Photo ACB Viet Nam News HÀ NỘI — Asia Joint Stock Commercial Bank (ACB) plans to sell treasury shares to raise charter capital in 2019. According to the bank’s financial report 2018, there are 41.42 million treasury shares at present. HCM City Securities Corp (HSC) said in a recent note that the bank will likely sell those treasury shares to improve its…

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