Monday 21 April 2008

Bao Minh Insurance shares posted in the south

Monday, April 21, 2008
Bao Minh Insurance Joint Sstock Co has moved its shares, coded BMI, from the Hanoi Securities Trading Centre (HASTC) to Ho Chi Minh City Stock Exchange (HOSE) as of April 21.
As many as 75.5 million shares of the company will be listed with the total value of VND 755 billion. In the first session on the new floor, share prices were offered at VND 48,000 each with a margin of ± 20%.
Bao Minh Company is currently supplying more than 100 insurance services to the market with 59 subsidiaries and more than 8,000 agencies.
The company has chartered capital of VND 755 billion and total property valued at VND 3,108 billion. In 2007, it earned revenue of VND 1,711 billion, putting after-tax profit at VND 132.7 billion. (TBKTSG)