Home Companies Earnings and Outlook

VinGroup to create building, fashion companies

Jul 23rd at 13:47
23-07-2014 13:47:32+07:00

VinGroup to create building, fashion companies

Construction giant VinGroup (VIC) will contribute VND94 billion (US$4 million) to establish Vincom 2 Construction Company with a total charter capital of VND100 billion ($4.7 million).

 

Recently, the group decided to release their treasury share (re-acquired stocks) to make additional capital contribution to Vinpearl, an affiliates focusing on travel and hospitality services. The contribution mounted up to VND2.443 trillion ($115.8 million).

It also plans to contribute VND14 billion to set up a fashion company with a charter capital of VND20 billion ($948,000).

bizhub

MOST READ

NEWS SAME CATEGORY

Southern Hydropower lists on HOSE
EARNINGS AND OUTLOOK Jul 22nd at 10:43

Southern Hydropower lists on HOSE

The Southern Hydropower Joint-Stock Company got on the board of the HCM City Stock Exchange (HOSE) yesterday after having received a license on July 14.

FLC starts construction of residential complex in Thanh Hoa
EARNINGS AND OUTLOOK Jul 19th at 11:17

FLC starts construction of residential complex in Thanh Hoa

The FLC Group begins construction of a residential complex today in Thanh Hoa City with a total investment of VND1.2 trillion (US$57 million).

Bibica reveals soaring profits
EARNINGS AND OUTLOOK Jul 18th at 15:20

Bibica reveals soaring profits

Confectioner Bibica Corporation (BBC) has announced first half pre-tax profits of nearly VND24 billion (US$1.1 million), four times the VND6 billion ($284,000) it...

Walmart riding on TPP advantages
EARNINGS AND OUTLOOK Jul 14th at 15:34

Walmart riding on TPP advantages

The US’ Walmart, one of the world’s biggest retail groups, is seeking more profits from Vietnam if the Trans-Pacific Partnership Agreement is agreed upon.

Hoa Phat wants to issue shares to employees
EARNINGS AND OUTLOOK Jul 12th at 20:57

Hoa Phat wants to issue shares to employees

Steel maker Hoa Phat Group (HPG) will seek the opinion of its stakeholders about issuing shares under the employee stock ownership plan (ESOP) as bonuses for its...

Vietnam’s biggest pharmaceutical company to invest in Myanmar
EARNINGS AND OUTLOOK Jul 11th at 10:53

Vietnam’s biggest pharmaceutical company to invest in Myanmar

Hau Giang Pharmaceutical Company (DHG) is negotiating with a local company in Myanmar to open a joint venture project, according to Bloomberg news service.

Vietnam drugmaker DHG to expand as antibiotic curbs bite
EARNINGS AND OUTLOOK Jul 9th at 16:31

Vietnam drugmaker DHG to expand as antibiotic curbs bite

DHG Pharmaceutical JSC, Vietnam’s largest drugmaker by market value, plans to boost sales of health supplements, ramp up exports and expand into Myanmar as the...

Sugar firm to open Singapore subsidiary
EARNINGS AND OUTLOOK Jul 8th at 10:52

Sugar firm to open Singapore subsidiary

The Ninh Hoa Sugar Joint Stock Company (NHS) will establish an affiliate firm in Singapore's High Street Centre, with the investment capital coming from its own...

Sai Gon Securities leads by brokerage market share
EARNINGS AND OUTLOOK Jul 5th at 13:56

Sai Gon Securities leads by brokerage market share

Sai Gon Securities (SSI) continued to lead the southern bourse by brokerage market share in the second quarter of 2014, up 1.43 per cent in comparison with the...

KDC buys controlling stakes in PhinDeli coffee brand
EARNINGS AND OUTLOOK Jul 4th at 13:51

KDC buys controlling stakes in PhinDeli coffee brand

The Kinh Do Corporation (FDC) has bought controlling stakes in PhinDeli, a Vietnamese coffee brand owned by Pham Dinh Nguyen.

Read More

NEW STOCKS

MOST READ

Back To Top