|The Rồng Việt Securities Company (VDS) today listed 70 million shares on the HCM City stock exchange. — Photo bizlive.vn|Viet Nam News
HCM CITY — The Rồng Việt Securities Company (VDS) today listed 70 million shares on the HCM Stock Echange.
Since 2010 its shares were listed on the Hà Nội Stock Exchange, and it said it is switching to the HCM Stock Exchange to improve the liquidity of its shares.
VDS was incorporated in December 2006 with a registered capital of VNĐ100 billion (US$4.3 million).
Currently its chartered capital is VNĐ700 billion ($31 million) and it has offices in HCM City, Hà Nội, Cần Thơ and Nha Trang that provide services to over 68,000 investors.
In the first half VDS posted revenues of VNĐ167 billion ($7.3 million) and pre-tax profits of VNĐ71 billion ($3.1 million), a 2.6-fold jump year-on-year.
The company targets becoming one of the top 10 securities companies in Việt Nam. — VNS