Sacomreal, Nguyễn Kim establish Kim Thành Real Estate

November 11, 2016 - 15:30

Sài Gòn Thương Tín Real Estate JSC (SCR), called Sacomreal, and Nguyễn Kim Investment and Development JSC (NKID) have joined hands and set up the Kim Thành Real Estate JSC.

Sacomreal and Nguyễn Kim set up a real estate firm. - Illustrative Photo

Viet Nam News

HÀ NỘI – Sài Gòn Thương Tín Real Estate JSC (SCR), called Sacomreal, and Nguyễn Kim Investment and Development JSC (NKID) have joined hands and set up the Kim Thành Real Estate JSC.

Kim Thành total chartered capital amounts to VNĐ20 billion, with 59 per cent from Sacomreal, 40 per cent from Nguyễn Kim and 1 per cent from individuals.

The company will be a subsidiary of Sacomreal, as per the decision of Sacomreal’s management board, online newspaper Infonet reported.

The board has also agreed to appoint Hồ Hữu Nhân as legal representative of Kim Thành and authorise Phạm Điền Trung, Sacomreal’s general director, to sign and implement contracts and related annexes.

All 217 million SCR shares of Sacomreal will stop being listed on Hà Nội Stock Exchange’s HNX Index from Friday and will be registered to be listed on the HCM Stock Exchange.

On Thursday, the last day on the HNX trading floor, 2.2 million SCR shares were traded at a reference price of VNĐ9,100 per unit. - VNS

Tags real estate Nguyễn Kim Sacomreal

Latin American buyers come looking to Việt Nam for goods supply

Economy

Fruit and vegetable export turnover hit $1.8 billion in 4 months

Economy

Businesses concerned about rising exchange rate pressure

Economy

HCM City could issue bonds for overseas Vietnamese to fund infrastructure: conference

Economy

VN's economy forecast to grow by 5.5 per cent in 2024

Economy

Pepper prices continue increase trend

More on this story

Economy

Việt Nam introduces products at Indonesia food expo

Việt Nam is showcasing a range of food and drink products at the SIAL InterFood 2016, which kicked off in Jakarta, Indonesia, on Wednesday.

Economy

Derivatives market coming early next year

Việt Nam’s first derivative market is expected to become operational next year as a tool to prevent risks to the stock market, however has risks itself, according to an official.

Economy

Việt Nam seeks to lure Malaysian finance, industry businesses

Việt Nam is an attractive destination for Malaysian finance and industry businesses, CK Lim, Director of the ASEAN Business Community said at a function to connect Vietnamese and Malaysian businesses in HCM City yesterday.

Economy

Gov’t plans investments of $89 b

Việt Nam will use no more than VNĐ2 quadrillion (US$88.89 billion) from the State budget for public investment over the next five years, legislators said adopting a resolution in Hà Nội yesterday.

Economy

Supermarkets selling agricultural products open in city

The Cooperative Union of Agricultural Consumption (UCA) opened three safe farm produce supermarkets in Hà Nội on Wednesday.

Economy

Ministry urges thorough Tết preparation

The Ministry of Industry and Trade (MoIT) has promulgated a directive on implementing solutions to ensure supply and demand balance and to stabilise the local market.

Economy

Đồng Văn IV Industrial Park starts construction

The Việt Nam Glass and Ceramics for Construction Corporation (Viglacera) yesterday began construction at the Đồng Văn IV Industrial Park (IP) in northern Hà Nam Province.

Economy

High-tech agriculture fair opens in HCM City

The fifth hi-tech agriculture and food industry fair (Hi-Tech Agro 2016) opened yesterday in HCM City’s Lê Văn Tám Park, providing opportunities for local farm producers and distributors to enhance co-operation.

Economy

Agriculture urged to reach 1.2% growth

The agricultural sector was urged to exert all-out efforts in the remaining months of the year to realise the sector’s gross domestic product (GDP) growth target of at least 1.2 per cent and increase export value to US$31 billion in 2016.