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LGC acquires half of Hien An Binh Bridge and Road Co.

Update: February, 28/2015 - 09:21
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


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