|LGC initially owned an 18 per cent stake in the company. — Photo cafef
HCM CITY (VNS) — CII Bridges and Roads Investment (LGC) announced on February 24 that it has acquired a 51 per cent stake in the VND270 billion (US$12.7 million) Hien An Binh Bridge and Road Company.
LGC initially owned an 18 per cent stake in the company.
LGC also disclosed last year's profit, a booming VND214 billion ($10 million) compared to VND4 billion ($187,800) in 2013.
LGC shares closed yesterday's session unchanged at VND34,000 ($1.6). — VNS