Monday, August 20, 2007

Vincom to list on HCM City Stock Exchange

Vincom has received regulatory approval to list 80 million shares on the Ho Chi Minh City Stock Exchange, raising its charter capital from 600 billion VND (37.5 million USD) to 800 billion VND.

The company predicts 2007 revenue will reach 220 billion VND, with profit at about 127 billion VND.

Vincom has also received the go ahead to expand into golf course construction and entertainment services.

Source: VNA

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