Monday, June 9, 2008
Tan Tao Investment Industry Corp. (ITACO), an operator of industrial zones in Viet Nam, fell to its lowest in 17 months after a board member sold shares.
The stock fell 1,000 dong, or 1.5%, to 67,000 as of 10:35 a.m. local time, the lowest since Jan. 11, 2007. The company has lost 39 percent this year. Viet Nam's benchmark VN Index declined 1.3% to 379.12.
Nguyen Trong Dung, a member of the supervisory board, started selling 2,000 shares today to reduce his holding to 5,324, according to a statement posted on the Ho Chi Minh Stock Exchange's Web site late June 6.
Tan Tao has a market value of 7.8 trillion dong, making it the eighth-biggest company on Vietnam's main bourse, according to data compiled by Bloomberg. (Bloomberg)
Tuesday, 10 June 2008
Tan Tao Declines to 17-Month Low as Board Member Sells Shares
