August 20, 2017 9:16 AM ET

Capital Markets

Company Overview of Da Nang Securities Company

Company Overview

Da Nang Securities Company provides security brokerage and financial consulting services. The company is based in Danang, Vietnam.

102 Nguyen Thi Minh Khai

Hai Chau

Danang,  550000

Vietnam

Phone:

84 511 388 8456

Fax:

84 511 388 8459

Key Executives for Da Nang Securities Company

Chief Executive Officer
Finance Director and Director
Compensation as of Fiscal Year 2017.

Da Nang Securities Company Key Developments

Sacombank Securities Seeks Acquisitions

Sacombank Securities Joint Stock Company reported that it plans to carry out an M&A deal with another securities company in 2016 but the plan has yet to be realized in the first half of the year. The main reason is the finalization of partner selection. The purpose of the M&A deal, according to SBS, is to comprehensively restructure the company and strive to remove the accumulated losses. Th Viet Nam Industrial & Commercial Securities Corporation (HASTC : VIG) also planned to restructure and merge with one or several other companies to cut the accumulated loss. Orient Securities Corporation (HASTC : ORS) has yet to find a partner to proceed the merger in order to enhance financial capacity and expand network. Da Nang Securities Joint Stock Company is the latest securities company announcing to find partner for carrying out mergers and acquisitions.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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