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VPD to list nearly 100m shares on UPCOM

Apr 2nd at 20:00
02-04-2016 20:00:01+07:00

VPD to list nearly 100m shares on UPCOM

The Ha Noi Stock Exchange on March 30 approved the Viet Nam Power Development JSC's (VPD) move to list 99.996 million shares on the Unlisted Public Company Market (UPCOM).

 

The company is responsible for disclosing information as prescribed.

VPD, established in 2002, operates in major fields, such as electricity production and distribution, as well as construction electricity projects.

The company has registered charter capital of VND1 trillion (US$44.79 million). However, its actual contributed charter capital is VND999.996 billion. VPD plans to increase the charter capital to more than VND1 trillion through its equity this year.

VPD earned VND440.6 billion in revenue and VND45.1 billion in after-tax profit in 2015. The company's total assets as of December 31, 2015 were worth VND2.87 trillion.

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