Company Overview of Sacombank Securities Joint Stock Company
Sacombank Securities Joint Stock Company provides securities brokerage and proprietary trading, underwriting, securities portfolio management, and financial and securities investment advisory services in Vietnam and internationally. The company offers brokerage services, such as advancing money from selling securities, listed securities mortgage, securities depository, trading of unlisted stocks on UPCoM market, and shareholders’ book management services; and online trading services. It also provides corporate advisory services, including equitization advisory, listing and additional-share-issuing advisory, corporate finance advisory, M&A advisory, tax and accounting system advisory, corpora...
278 Nam Ky Khoi Nghia Street
Ho Chi Minh City,
Founded in 2006
Key Executives for Sacombank Securities Joint Stock Company
Executive Vice Chairman, Chief Executive Officer and Member of Board of Management
Deputy General Director, Member of Board of Management and Director
Head of The Branch, Deputy General Director and Member of Board of Management
Compensation as of Fiscal Year 2017.
Sacombank Securities Joint Stock Company Key Developments
Sacombank Securities Seeks Acquisitions
Jul 13 16
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.
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