Thursday, September 29 2016

VietNamNews

HoSE lists 30 million Ha Long Investment shares

Update: July, 19/2016 - 10:37
Ha Long Investment and Consulting JSC has 30 million shares (HID) official listed on the HCM Stock Exchange (HoSE) in July. — Photo cafef.vn

HÀ NỘI — Hà Long Investment and Consulting JSC (Halcom) listed 30 million shares (HID) on the HCM Stock Exchange (HoSE) in July.

Based in Hà Nội since 2001, Halcom, with a charter capital of VND300 billion (US$13.4 million), is involved with consulting and investing in water supply, road and environment projects.

Currently, Halcom is investing in phase two of a water plant in Thuận Thành in Bắc Ninh Province, the Hưng Long water plant in Hưng Yên Province, and a brick production project in Lương Sơn in Hòa Bình. In addition, the company has also contributed capital for an office building project in Mỹ Đình, Hà Nội, and a BOT projects on transport and waste water treatment in Cần Thơ Province, as well as some water construction projects across Việt Nam.

According to a Halcom representative, it is the first firm to introduce the corporate compliance programme (CCP) of the World Bank, and among a few firms in Viet Nam to implement a code of conduct that promotes high transparency in all its activities.

The firm became the prime contractor implementing large projects and complex technical requirements for construction projects funded by the World Bank, as well as projects using ODA funds from the Asian Development Bank, the ministry of foreign affairs of Finland, and the Bank of Japan International Co-operation Agency (JICA).

After a week, HID rose about 10 per cent to reach VNĐ14,500 on HoSE yesterday. — VNS

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