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Sacomreal, Nguyễn Kim establish Kim Thành Real Estate

Nov 12th at 15:10
12-11-2016 15:10:12+07:00

Sacomreal, Nguyễn Kim establish Kim Thành Real Estate

Kim Thanh total chartered capital amounts to VND20 billion, with 59 per cent from Sacomreal, 40 per cent from Nguyen Kim and 1 per cent from individuals.

The company will be a subsidiary of Sacomreal, as per the decision of Sacomreal’s management board, online newspaper Infonet reported.

The board has also agreed to appoint Ho Huu Nhan as legal representative of Kim Thanh and authorise Pham Dien Trung, Sacomreal’s general director, to sign and implement contracts and related annexes.

All 217 million SCR shares of Sacomreal will stop being listed on Ha Noi Stock Exchange’s HNX Index from Friday and will be registered to be listed on the HCM Stock Exchange.

On Thursday, the last day on the HNX trading floor, 2.2 million SCR shares were traded at a reference price of VND9,100 per unit.

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