IP developer Becamex to list on HOSE on August 31

A view of Mỹ Phước Industrial Park, an IP of Becamex IDC. — Photo becamex.com.vn

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

The reference price of the first trading day was VNĐ28,000 (US$1.2) per share, meaning the company would have a market capitalisation of VNĐ28.98 trillion ($1.25 billion).

BCM stopped trading on unlisted public company market (UPCoM) on August 20. Nearly 23.5 million shares of BCM were listed on UPCom on February 18 at an initial price of VNĐ31,000 each.

BCM closed at VNĐ30,100 per share on the last trading day on UPCoM.

Becamex currently owns 14 industrial parks with a total area of 10,456 hectares, or 11.4 per cent of the total area of such parks in Việt Nam.

The company earned revenue of VNĐ2.48 trillion in the first half of this year with an after-tax profit of VĐ580 billion.

Becamex hopes to reach a revenue of more than VNĐ6 trillion and an after-tax profit of VNĐ931 billion for the full year. — VNS

Tags HoSE Hồ Chí Minh Stock Exchage

Techcombank sets US$1 billion profit target this year

bizhub

SeABank sets a growth target of 28 per cent

bizhub

Vietnam Airlines plans to further increase flights during holidays

bizhub

Prudential total revenues up 7.6% in 2023

bizhub

Vietnam Airlines to open direct flights to Manila, Philippines

bizhub

Long Sơn petrochemical complex to begin commercial operation in Q3

More on this story

bizhub

VLC to buy two million VNM shares

Vietnam Livestock Corporation JSC (VLC), an affiliate of GTNfoods, plans to buy two million shares of Vinamilk, the largest dairy producer of Việt Nam listed as VNM on Hồ Chí Minh Stock Exchange (HoSE).

bizhub

Vinalines to switch to a joint stock company with new name VIMC

Việt Nam National Shipping Lines (Vinalines) will officially operate as a joint stock company with the new name Việt Nam Maritime Corporation (VIMC) from September 1.

bizhub

Southeast Asia, ‘fertile land’ for online payments, e-wallets

The obvious effects of the Covid-19 pandemic include the rapid increase in online payment services and digital banking across Southeast Asia.

bizhub

Johnson & Johnson COVID-19 vaccine candidate demonstrates protection in pre-clinical studies

Johnson & Johnson on July 30 announced that its lead vaccine candidate protected against infection by SARS-CoV-2, the virus that causes COVID-19, in pre-clinical studies.

bizhub

Vietnamese customers spend more during year-end seasons

Two-thirds of surveyed Vietnamese customers said that they will spend more on the year-end and Tết (Lunar new year) shopping seasons in 2020.

bizhub

THACO finishes contract to export semi-trailers to US

Trường Hải Auto Corporation, known as THACO, has exported its remaining 33 semi-trailers to the US, completing the contract to supply 69 units to the country in 2020.

bizhub

Moody’s maintains ratings for BIDV

Moody’s has announced to maintain the ratings of the Joint Stock Commercial Bank for Investment and Development of Việt Nam (BIDV).

bizhub

AZ Property Group to distribute Wonderland by Novaland

Giant property developer Novaland Group has appointed AZ Property Group as its official general agent distributing second home products in Wonderland, one of the 10 components of NovaWorld Ho Tram.

bizhub

C.T. Group honoured as one of best companies to work for in Asia

Property developer C.T. Group received the annual HR Asia Award for being one of the best companies to work for on the continent at a ceremony in HCM City on July 1.