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Vietnam Stocks: Dong A Plastic, Petro Capital, Saigon General

Dec. 28 (Bloomberg) -- Vietnam’s VN Index, the benchmark measure of the Ho Chi Minh City Stock Exchange, rose 1.3 percent to 479.33 at the 11 a.m. local time close.

Dong A Plastic Group Joint-Stock Co. (DAG VN), which manufactures building materials, climbed 4.9 percent to 17,000 dong, the highest since Oct. 26. The company will pay its shareholders a dividend of 1,400 dong a share on March 4, according to a statement on the exchange’s website.

Petro Capital & Infrastructure Investment Joint-Stock Co. (PTL VN), a construction company, gained 3.3 percent to 12,700 dong. PetroVietnam Construction Joint-Stock Co. will buy 5.6 million shares to raise its stake in the company to 36 million shares, according to a statement on the bourse’s website. Petro Capital will start purchasing the shares from Dec. 30 until Feb. 30.

SaiGon General Service Joint-Stock Co. (SVC VN), which provides automobile distribution, real-estate and financial services, increased 3.8 percent to 24,700 dong. The company will pay dividend of 500 dong a share to its shareholders on Jan. 24, it said in a statement on the bourse’s website.

To contact the Bloomberg News Staff on this story: Nguyen Kieu Giang in Hanoi at giang1@bloomberg.net

To contact the editor responsible for this story: Richard Frost at rfrost4@bloomberg.net

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