MCST Corporation (stock code ALV) has announced a 70% stock dividend (7 new shares for every 10 existing shares) with a record date of September 9, 2025, for shareholder opinions. ALV stock experienced significant growth starting in early August 2025, rising from 10,600 VND to 16,400 VND, marking a 54% increase. Notably, major shareholder Pham Ngoc Phuong successfully purchased 1,258,000 shares on July 10, increasing his ownership stake to 22.23%. Additionally, the company changed its name from ALVICO Construction JSC, shifted its business focus to transport support services, and updated its logo.
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