VCSC Daily - Stocks jump, led by VIC, GAS - FRT, SAB, VNM

Market Commentary

14 May 2018

FRT: The record date for the bonus share issuance at a ratio of 10:7 is May 25, 2018. FRT announced May 25, 2018 will be the record date for its issuance of bonus shares at a ratio of 10:7 (ten existing shares get seven new shares). We currently have a target price of VND177,700 for FRT, implying a total return of 19.4% inclusive of a 1.3% dividend yield.

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