More than 1 billion shares of Becamex IDC listed at HSX

Sep 3rd at 09:16
03-09-2020 09:16:55+07:00

More than 1 billion shares of Becamex IDC listed at HSX

More than 1 billion shares of Becamex IDC were officially listed to trade for the first day on the Ho Chi Minh City Stock Exchange (HSX) on August 31 at the reference price of VND28,000 ($1.22).

As one of the leading corporations in Vietnam in the field of industrial and urban real estate development, the listing ceremony and celebration of the official trading day of Becamex IDC's BCM shares was a key development milestone for the company.

More than 1 billion shares of Becamex IDC listed at HSX

According to Pham Ngoc Thuan, general director of Becamex IDC, listing on the HSX is an important step, affirming the corporation's transparency and reputation among domestic and foreign partners, investors, and financial institutions, increasing liquidity, demonstrating the sustainable development of Becamex IDC since its inception.

Regarding the corporation’s upcoming strategy, Thuan said that Becamex IDC will continue to create breakthroughs in new areas of development, where it has spent a lot of resources on extensive research, investment, and preparation. Among those are the implementation of the digital transformation project, building a Science and Technology Industrial Park, developing the World Trade Centre of Binh Duong New City, and establishing the Centre for Research and Development Applications – Smart Manufacturing 4.0.

“With all these efforts, I believe we will contribute to the sustainable development of Binh Duong province and Becamex IDC,” Thuan said.

Becamex IDC owns 14 industrial parks with a total area of more than 14,400 hectares, occupying 11.4 per cent of the total industrial land area in Vietnam.

In Binh Duong province, Becamex IDC directly manages six parks with a total area of 2,923ha.

VIR





RELATED STOCK CODE (2)

NEWS SAME CATEGORY

IP developer Becamex to list on HOSE on August 31

Industrial park (IP) developer Becamex IDC Corp has announced its shares will be traded on the Ho Chi Minh Stock Exchange with the code BCM starting from August 31.

HoSE approves listing of Duc Giang Chemical (DGC)

​The Ho Chi Minh Stock Exchange (HoSE) has approved the listing of more than 129 million shares of Duc Giang Chemical Group (DGC).

UPCoM-traded firms seek ways for bourse switch

Unlisted public companies are planning to move to the Ho Chi Minh and Ha Noi stock exchanges to increase share liquidity and capital.

Binh Son Refining (BSR) and Petrochemical files for HNX listing

Binh Son Refining and Petrochemical Corporation (BSR) has filed for listing on the Ha Noi Stock Exchange, the northern market regulator said on Tuesday.

Landmark Holding to be delisted from HSX over financial troubles

Developer Landmark Holding is neck-deep in financial troubles and is plagued by uncertainties around its notorious Manhattan Tower project which has been delayed...

Hanoimilk to be delisted from HNX in June

Once-iconic local milk producer Hanoimilk (HNX: HNM) will be delisted from the Hanoi Stock Exchange in June due to prolonged weak performance.

Bamboo Airways looks to have stocks listed in fourth quarter of 2020

Bamboo Airways is planning its initial public offering (IPO) on the local stock exchange as the airline has been stuck in debts.

Bamboo Airways raises charter capital to $300 mln

Bamboo Airways has increased its charter capital by 73 percent to VND7 trillion ($299 million).

Hanel shares to be listed next week

Shares of electronics firm Hanel will be listed on the Unlisted Public Company Market (UPCoM) on February 13, four years after its initial public offering (IPO).

IT firm (ICT) lists on HCM City stock market

Joint Stock Company for Telecoms and Informatics (code: ICT) listed nearly 32.2 million shares on the HCM Stock Exchange on January 15 at a reference price of...

TRENDING


MOST READ


Back To Top