FPT continue gathering FPT Telecom shares

FPT just bought more than 1 million FPT Telecom shares to increase its percentage of ownership in FPT Telecom.

22/08/2014

On August 18th, FPT continued raising the number of FPT Telecom shares from 41.43% to 42.63% after the successful purchase of 1,646,433 shares.

FPT Telecom is one of OTC stocks with high price in Telecommunications.

Previously, FPT Corp also purchased 1,098,057 FPT Telecom shares, increasing the number of shares in the company from 50,382,418 shares (40.43%) to 51,480,475 shares (equivalent to 41.31%).

The purchase of FPT Telecom stocks at VND 52,000 per share was implemented under the Resolution approved FPT’s BOD in one month from August 8.

Currently, FPT is still the second largest shareholder of FPT Telecom, following the State Capital Investment Corporation (SCIC).