Vietnamese businesses set mixed targets for 2021

After performing well last year despite of COVID-19, many companies have prepared new plans for 2021. While some firms, such as GELEX, double their targeted profits, some which reported good results in 2020 lower their expectations.

Gelex mulls capital increase via share issuance Việt Nam Electrical Equipment Joint Stock Corporation (Gelex) plans to issue nearly 293 million shares to increase charter capital.

Gelex completes acquiring shares at Viglacera The Việt Nam Electrical Equipment JSC (Gelex) has acquired a 21.1 per cent stake at construction group Viglacera to raise its ownership to 46.07 per cent.

Gelex raises offer for Viglacera shares The Việt Nam Electrical Equipment JSC (Gelex) has raised its offer by 9.3 per cent to buy Viglacera shares in an attempt to take a controlling stake in the firm.

Long Sơn PIC to raise capital for new industrial park project

Long Sơn PIC will sell 65 million shares to Gelex Energy, a member of the Vietnam Electrical Equipment JSC (Gelex)

Water sector draws investment The annual compound growth rate (CAGR) of the water sector in 2017-2020 is 43 per cent for industrial production and 35 per cent for clean water consumption.

Gelex to raise stake in Viglacera Gelex and related shareholders are holding 112 million shares or 2.94 per cent of Viglacera’s capital

M&A deal top priority to join industrial real estate sector: Gelex CEO Gelex is planning to raise its ownership in Viglacera to the controlling level of 51 per cent

M&A deal top priority to join industrial real estate sector: Gelex CEO Gelex is planning to raise its ownership in Viglacera to the controlling level of 51 per cent

Local stocks to struggle with increased caution Amidst pressure from international stocks, individual investors are the most vulnerable due to lack of experience and information