Viglacera to reduce State holding to 36%
Wednesday, January 24,2018AsemconnectVietnam - Viglacera Corporation JSC (Viglacera) plans to reduce its State ownership to 36% this year, said Luyen Cong Minh, executive chairman of the corporation.
Minh said Viglacera was committed to following the direction of the Ministry of Construction, preparing a roadmap to divest State capital and implementing investment projects on schedule.
Viglacera will focus on deploying and exploiting projects with high efficiency, Minh said. It will focus on management, organise quarterly meetings to publish information to shareholders and build up itinerary to list on HCM Stock Exchange by the end of this year.
In 2017, Viglacera exceeded the key targets in the plan assigned by the construction ministry and shareholders. This is expected to be a good foundation for the corporation to achieve its production and business plan this year as well as the target for 2016-2020.
The corporation recorded a pre-tax profit of nearly VND1.02 trillion (US$44.83 million) in 2017. This number is equal to 112% of the year’s plan and an increase of VND144 billion compared to the results of 2016.
Source: Vov.vn
SSI estimates pre-tax profit more than VND2,700 billion in 2023
Tien Phong Securities (TPS) is preparing to increase capital to VND3,000 billion
TPBank's (TPB) CASA grows impressively in 2023
Vietnam Pharmaceutical (DVN) reached VND436 billion in pre-tax profit in 2023
Imexpharm (IMP) reaches VND377 billion pre-tax profit in 2023, up 29%
ACB spends VND2,000 billion in green credit to create sustainable growth opportunities for businesses
Hoa Sen (HSG) plans to IPO the plastic production and business segment
International Bank (VIB) finalizes the right to pay 6% dividend in cash
Licogi 14 (L14) simultaneously reduces revenue and profit plans by 20% on the last day of 2023
NCB tobe approved to increase its charter capital to more than VND11,800 billion
OPC Pharmaceuticals (OPC) tobe fined and had tax arrears of more than VND1.18 billion
TNG achieve revenue of VND 7,085 billion in 2023
Southern Gas (PGS) sets a profit target for 2024, down more than 22% compared to the 2023 estimate
Sao Ta Foods (FMC) estimates sales to reach USD200.6 million in 2023
Plan of Hai Duong province for a period of 2021 - 2030, ...
Organize space reasonably and harmoniously, focusing on connecting Hai Duong in common development space, actively contributing to the ...Plan of Hau Giang province in a period of 2021 - 2030, ...
Sustainable forestry development program in a period of ...
Supporting industry development program in Da Nang city in ...
Implementation plan of Scheme on promoting agricultural, ...
Hanoi harnesses “soft power” of culture in development
Since joining the UNESCO Creative Cities Network in the “Design” category in 2019, Hanoi has organised a multitude of activities relating ..."Happy Tet 2024" to open in Hanoi
Vietnamese literary works served up at Brussels restaurant