Hapaco to buy back 1m fund shares

Friday, May 16, 2008
The Ho Chi Minh City Stock Exchange (HOSE)-listed Hai Phong Paper Joint Stock Co (Hapaco-coded HAP) recently registered to buy back one million HAP-coded shares to make fund shares from May 19 to August 20 according the mode of matching orders and negotiation.
The capital to buy back these shares is from the company's profit and capital surplus.
Reportedly, on May 9, STC-listed Sao Ta Seafood Joint Stock Co (coded FMC) also announced to buy back 300,000 FMC-coded shares to make fund shares within three months from May 16 to August 16.