Petroleum Mechanical Joint-Stock Company (coded PMS) said DaeWon-ThuDuc Housing Development bought 37,440 shares to raise its holding to 15.28% from 14.56%.
Petroleum Mechanical Joint-Stock company, which manufactures tanks and constructs gasoline filling stations, told the Ho Chi Minh Stock Exchange DaeWon-ThuDuc Housing Development’s share purchases occurred between April 1 and April 9.
DaeWon-ThuDuc Housing Development, a joint-venture between ThuDuc Housing Development Corporation and Korea-based Daewon Group, acquired 243,680 shares of Petroleum Mechanical Company last month and 253,280 between January 23 and March 6 to increase its stake to 14.56% from 5%.
Petroleum Mechanical Joint-Stock Company shares rose VND500, or 1.67%, to finish at VND30,500 on Friday.
