Kiên Giang construction firm debuts on HoSE

March 27, 2020 - 07:01

Kiên Giang Construction Investment Consultancy Group on Wednesday listed 50 million shares on the Hồ Chí Minh Stock Exchange (HoSE).

The introduction of Kiên Giang Construction Investment Consultancy Group to the Hồ Chí Minh Stock Exchange (HoSE) on Wednesday. - Photo thitruongtaichinhtiente.vn

HCM CITY – Kiên Giang Construction Investment Consultancy Group on Wednesday listed 50 million shares on the Hồ Chí Minh Stock Exchange (HoSE).

The company has been listed as CKG and its shares debuted at VNĐ11,000 (US$0.47) apiece. The company's shares tumbled 20 per cent to finish Wednesday at VNĐ8,800.

Its shares ended flat on Thursday.

The company was founded in 1992 and was equitised in 2006 with registered charter capital of VNĐ45 billion.

Current charter capital is VNĐ500 billion.

The firm’s main businesses are construction, real estate trading and financial investment.

According to chairman Trần Thọ Thắng, the listing proved the company had achieved breakthroughs in operation and administration.

The company's total net revenue increased to VNĐ850 billion in 2018 from VNĐ795 billion in 2017.

Post-tax profit in these two years hit VNĐ60 billion and VNĐ89 billion, respectively.

In the first nine months of 2019, total net revenue was VNĐ910 billion and post-tax profit was VNĐ97 billion. – VNS

Tags listing Hồ Chí Minh Stock Exchage HoSE construction sector

Việt Nam needs development of green products exported to UK

Economy

UK’s carbon tax to affect VN exports

Economy

Việt Nam expects to officially export passion fruit to the US next year

Economy

VN faced with increasing trade defence investigations on rising protectionism

Economy

Experts point out economic growth drivers, challenges for next year

Economy

Thái Nguyên supports businesses to take advantage of UKVFTA to expand exports to UK

More on this story

Economy

Việt Nam gains higher exports to Canada and Mexico partly due to CPTPP

Việt Nam has taken full advantage of the CPTPP to gain strong growth in exports to Canada and Mexico, according to the Ministry of Industry and Trade (MoIT).

Economy

Vietnamese confectionery firms get their act together

Vietnamese confectionery businesses have upgraded production technologies to improve quality and efficiency, and developed new product lines to retain market share at home and also boost exports amid fierce competition.

Economy

Automakers propose Gov’t cut VAT and registration fee for customers

Vietnam Automobile Manufacturers’ Association (VAMA) has proposed the Government reduce value-added tax (VAT) and registration fees for car customers by 50 per cent, reports vietnamnet.vn.

Economy

English learning app ELSA offers free 3-month course for all

Young start-up entrepreneur and founder of ELSA Speak, Văn Đinh Hồng Vũ, has announced that everyone can use the English study package on its ELSA PRO app for free for three months to improve their English skills amid the COVID-19 outbreak and school closure.

Economy

VIDA proposes solutions to rescue business from COVID-19 impact

The Vietnam Digital Agriculture Association (VIDA) proposed the Government increase updates of accurate market information and the developments of the COVID-19 outbreak, helping businesses balance their imports with domestic consumption as well as setting operation plans.

Economy

Pandemic has no impact on business: An Phát Bioplastics

The global spread of COVID-19 has had an insignificant impact on An Phát Bioplastics JSC’s performance in the first three months, shareholders were told on Wednesday.

Economy

Sacombank launches Covid-19 insurance product

With the Covid-19 pandemic continuing to threaten, Sacombank and the Post and telecommunication Joint Stock Insurance Corporation (PTI) have launched an Anti Covid -19 insurance product for Vietnamese citizens and corporates operating in Việt Nam with coverage of up to VNĐ150 million (US$6,335).