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Vietnam Industrial urges adjournment on asset sale decision

Perth-based Vietnam Industrial Investments Ltd has recommended its shareholders adjourn a vote today on the sale of its stake in two subsidiaries, concrete-reinforcing steel bar producers Vinausteel Ltd and Ssesteel Ltd, after receiving a superior offer.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
Source: Morningstar

Total Shareholder Return as at 31/07/19

1 year TSR5 year TSR
309thVietnam Industrial Investments0%29%
352ndDecmil-3%-10%
556thEmeco Holdings-35%1%
706thWellard-60%
731 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

04/03/19
$12k Bought
27/02/19
$3 Bought
26/02/19
$3 Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

13th↑Vietnam Industrial Investments$555.1m
14th↑Emeco Holdings$383.2m
16th↑Decmil$341.6m
17th↓Wellard$297.4m
198 listed industrial companies ranked by revenue.
Source: Morningstar

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