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Sunday, February 25, 2024

VNDirect Securities dismisses CFO

The Saigon Times

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HCMC – Vu Nam Huong has been dismissed as chief financial officer (CFO) at VNDirect Securities Corporation (HOSE: VND), with effect from November 28.

The move is part of the personnel reshuffle, which sees the number of legal representatives at VNDirect falling to to three: Pham Minh Huong (board chairwoman), Nguyen Vu Long (CEO), and Dieu Ngoc Tuan (chief administrative officer).

Prior to her dismissal, Vu Nam Huong offloaded 728,000 VND shares in mid-September for personal financial reasons.

Huong had served as CFO of VNDirect since her appointment in 2017. She is also a board member at IPA Investment Corporation, VNDirect’s largest shareholder, holding nearly 315 million VND shares, equivalent to a 25.84% stake.

Closing the trading session today, November 29, VND edged up 1.2% over the previous session to VND21,050, with a matching volume of nearly 17.5 million shares.

The VN-Index of the Hochiminh Stock Exchange closed 7.37 points, or 0.67%, higher than the session earlier, at 1,102.8 points, with 383 winners and 122 losers.

However, the total trading volume dropped by 9.8% to 615 million shares worth VND12.6 trillion. Block deals contributed nearly VND1.1 trillion to the overall value, with 52.1 million shares changing hands.

HAG took the lead by liquidity with over 38.1 million shares being traded, followed by NVL with 35.2 million shares and VIX with 24 million shares.

The HNX-Index of the Hanoi Stock Exchange rose by 2.64 points, or 1.18%, to 227.03 points, with 121 gainers and 42 decliners. The total trading volume on the northern bourse reached 83.8 million units worth nearly VND1.7 trillion.

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